{"title":"Accountability for authority","authors":"Robert Flannigan","doi":"10.1093/tandt/ttab010","DOIUrl":null,"url":null,"abstract":"\n Trustees and beneficiaries need to understand how fiduciary accountability regulates trustee authority. I intend to advance that understanding by explaining in abstract terms the nature of surrogate authority and fiduciary accountability. I will explain that opportunism is a concern wherever authority is transferred to a surrogate, and that fiduciary accountability is the generic response of the law across contexts.","PeriodicalId":43396,"journal":{"name":"Trusts & Trustees","volume":null,"pages":null},"PeriodicalIF":0.2000,"publicationDate":"2021-06-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Trusts & Trustees","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1093/tandt/ttab010","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"LAW","Score":null,"Total":0}
引用次数: 0
Abstract
Trustees and beneficiaries need to understand how fiduciary accountability regulates trustee authority. I intend to advance that understanding by explaining in abstract terms the nature of surrogate authority and fiduciary accountability. I will explain that opportunism is a concern wherever authority is transferred to a surrogate, and that fiduciary accountability is the generic response of the law across contexts.