Subject category:
Economics, Politics and Business Environment
Published by:
Harvard Business Publishing
Version: 29 January 2019
Revision date: 11-May-2020
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Abstract
This is an abridged version. This note focuses on managers' responsibilities-economic, legal, and ethical-to investors. In capitalist and some socialist economies, these responsibilities traditionally have been grounded in fiduciary duties and are typically part of the common law or statutory law or are incorporated in civil codes. But, as this note will show, fiduciary obligations are deeply intertwined with economic and ethical responsibilities.
Subject category:
Strategy and General Management
Published by:
Harvard Business Publishing
Version: 18 November 2015
Revision date: 7-Dec-2015
Length: 6 pages
Data source: Published sources
About
Abstract
This is an abridged version. This note focuses on managers' responsibilities-economic, legal, and ethical-to investors. In capitalist and some socialist economies, these responsibilities traditionally have been grounded in fiduciary duties and are typically part of the common law or statutory law or are incorporated in civil codes. But, as this note will show, fiduciary obligations are deeply intertwined with economic and ethical responsibilities.
Related
Subject category:
Strategy and General Management
Published by:
Harvard Business Publishing
Version: 18 November 2015
Revision date: 7-Dec-2015
Length: 6 pages
Data source: Published sources