CAUT Legal Advisory: A Corporation and a Community: Fiduciary Responsibilities of University Board Members

(Ottawa – Feb. 13, 2019)

Introduction: This advisory reviews the concept of fiduciary duty and considers its application to a university’s board of governors. The conclusion is that reliance on the corporate law concept of fiduciary duty to deny or inhibit representation by board members appointed as academic staff representatives is a misapplication of the concept within the collegial governance system….. (see the attachment).