WHAT THE ROYS SHOULD LEARN FROM THE DEMOULAS FAMILY (BUT PROBABLY WON’T).

The given text discusses the relationship between the television show Succession and real-life family business succession. It compares the actions of the Demoulas family and the fictional Roy family from Succession, focusing on their pursuit of financial, social, and familial status and breaches of fiduciary duty. The text also discusses the fiduciary duties and obligations of directors, officers, and shareholders in the context of corporate governance, highlighting the duty of care and loyalty to the corporation. It provides a brief history of the Demoulas family and their legal disputes, and explores the portrayal of self-interest and conflicts of interest in Succession. The essay concludes by encouraging real-life family businesses to learn from the show's portrayal and strive to avoid similar conflicts of interest. [Extracted from the article]