Executives of the company broadly include directors,supervisors,and senior officials.Their fiduciary duties are derived from trust laws.With the establishment and development of modern corporate systems such as legal person systems,they gradually evolve into a relatively complete system that effectively reduces the expense of the company.In recent years,fiduciary duty has gained some new development and has also been reflected in China's legal provisions.Judging from the current legal provisions and judicial practice,the basic system of fiduciary duty has been initially established in China,but there is still a long way to go in defining the scope and grasping the rules of practice.On the other hand,through detailed empirical research,this article elaborates the relationship between fiduciary duty and market environment,and points out that China's dislocation of fiduciary duty is a major innovation in this article. |