Subject category:
Strategy and General Management
Published by:
Harvard Business Publishing
Length: 3 pages
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https://casecent.re/p/43264
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Abstract
Argues that professionals pledge fiduciary responsibility towards their clients to minimize the occurrence of conflicts of interest, which are socially inefficient. Professional associations are formed to ensure that in their practices, professionals live by their professional pledges.; Can be used to discuss professional responsibility and the role of professional associations.
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Abstract
Argues that professionals pledge fiduciary responsibility towards their clients to minimize the occurrence of conflicts of interest, which are socially inefficient. Professional associations are formed to ensure that in their practices, professionals live by their professional pledges.; Can be used to discuss professional responsibility and the role of professional associations.