We study the effects of thermal conduction in a hot, active corona abo
ve an accretion disk. We assume that all of the dissipative heating ta
kes place in the corona. We find that the importance of conduction dec
reases with increases in the local dissipative compactness of the coro
na, l(diss,loc), and increases with increasing abundance of electron-p
ositron pairs. For l(diss,loc) < 1, a significant fraction of the ener
gy released in the corona may be carried away by the conductive flux,
leading to formation of a relatively hot transition layer below the ba
se of the corona. Comptonization of disk radiation in such a layer may
account for the presence of soft X-ray excesses in the spectra emitte
d by disk-corona systems.