Director (business)

“Dodge v. Ford still stands for the legal principal that managers and directors have a legal duty to put the shareholders' interests above all others and no legal authority to serve any other interests - what has come to be known as "the best interests of the corporation" principal.”

“The director is really a watch-dog, and the watch-dog has no right without the knowledge of his master to take a sop from a possible wolf.”

“We certainly have at present the dismal situation that the most imaginative men are directed by a group, the top managers, who are among the least.”

“I believe that science is best left to scientists, that you cannot have managers or directors of science, it's got to be carried out and done by people with ideas, people with concepts, people who feel in their bones that they want to go ahead and develop this, that, or the other concept which occurs to them.”

“The office of director … a man ought not to fill without qualification.”

“Organizations and institutions provide the general stimuli and attention - directors that channelize the behaviors of the members of the group, and that provide those members with the intermediate objectives that stimulate action.”

“I do not wish in any way to depart from the principle that a wrongdoing director, whether he be morally or legally wrong, should be made liable for the highest amount which could have been obtained from the property wrongly taken by him while it was in his hands.”