Richard A. W. B. R. H. Hart

Richard A. W. B. R. H. Hart is a legal scholar best known for his significant contributions to corporate governance and fiduciary duty. He developed the "Hart–Hart theory," which emphasizes that directors and managers of a company owe their primary duties to the corporation itself, focusing on its long-term success rather than individual shareholders or stakeholders. His work has influenced corporate law by clarifying the responsibilities of corporate officers and promoting the idea that corporate governance should prioritize the company's health and sustainability, balancing interests of various stakeholders.