Company directors are appointed by the shareholders to run the company. In running the company they owe some duties and responsibilities to the shareholders and other stakeholders. The most important stakeholders that a company owes duties and responsibilities are the employees, creditors, trading partners, and the state. The essay gives details of the general duties and responsibilities of all company directors that they need to fulfill in their capacity as directors and specific duties and responsibilities in relation to the position they hold in the company. 2 GENERAL DUTIES AND RESPONSIBILITIES OF DIRECTORS 2.1 DUTIES 2.1.1 FIDUCIARY DUTIES AND DUTIES OF CARE AND SKILL Fiduciary duties require directors to work in the best interest of directors while duties of care and skill require them to exercise caution when dealing with company affairs. Breach of these duties can lead to legal action being taken against directors.