Impact of agent’s ficudiary duties for the sustainable agency relationships

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Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Straipsnis / Article
Language:
Anglų kalba / English
Title:
Impact of agent’s ficudiary duties for the sustainable agency relationships
In the Journal:
Business and management. 2022, 12, p. 928-936. 12th international scientific conference, May 12-13, 2022, Vilnius, Lithuania
Summary / Abstract:

LTReikšminiai žodžiai: Agentas; Fiduciarinės pareigos; Atstovavimo santykiai; Tvarumas; Civilinė atsakomybė. Keywords: Agent; Fiduciary duties; Agency relationships; Sustainability; Civil liability.

ENIn order to ensure the sustainability in agency relationships, the agent must act in accordance with the fiduciary duties, the breach of which presupposes the negative legal consequences on the side of the agent. The purpose of this article is to reveal the content of agent’s fiduciary duties and the legal consequences of their breach in Lithuania maefrom a comparative perspective. It is concluded that neither the legal regulation nor the case law in Lithuania discloses the content of the agent’s fiduciary duties and the legal consequences of their breach. Therefore, more detailed legal provisions would help to ensure a balance of the rights of the subjects involved in agency relationships. [From the publication]

DOI:
10.3846/bm.2022.772
ISBN:
9786094762888
ISSN:
2029-4441; 2029-929X
Related Publications:
Fiduciarinių pareigų instituto kilmė, esmė ir recepcija / Laurynas Didžiulis. Teisė. 2014, t. 91 p. 83-99.
Permalink:
https://www.lituanistika.lt/content/96096
Updated:
2022-08-30 14:35:41
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