Corporate executives and corporate boards of directors possess a ______, or a high duty of care to safeguard and to protect the investment of stockholders.

Question

Quizplus · Accepted Answer

Corporate executives and corporate boards of directors have a fiduciary relationship with the stockholders, which means they are legally and ethically required to act in the best interest of the stockholders and manage the company in a way that protects the stockholders' investments.

Corporate Executives and Corporate Boards of Directors Possess a ______