Notes: A director owes a fiduciary duty to shareholders to look out for their interests. With the Enron scandal and the Arthur Andersen problems, directors are being sued for breaching that duty, including so-called "star directors." "Star directors" are corporate directors with names that are well known in business and political circles. Often they are former government agency heads who's value lies in glamour for the corporation and their ability to open doors. They are also called "trophy directors," "celebrity directors," and "brand-name" directors. Austin American-Statesman reporter Judith H. Dobrzynski writes that they draw five-figure compensation for being directors as well as meeting fees and perks. She also reports that the tradition is for "star directors" to sit on multiple boards and not just one bringing total compensation to the six-figure range. Some corporations compensate a single "star director" in the six-figure range for attending a few meetings a year. There is, however, an issue about whether they are really beneficial to corporations or just fun for corporate types to rub shoulders with. 05.12.02