How do today's financial managers generally feel about treating customers, employees, suppliers, creditors, and other stakeholders with fairness and respect?
A) They feel it often helps the firm build value for its owners.
B) They feel it is a job best left to other departments within the organization.
C) They feel it may be important from an ethical perspective but has little to do with meeting the firm's financial objectives.
D) They feel it is a more important goal than increasing the value of the firm to its owners.

Question

Quizplus · Accepted Answer

Today's financial managers generally feel that treating customers, employees, suppliers, creditors, and other stakeholders with fairness and respect often helps the firm build value for its owners. This view is supported by research that shows that companies with good corporate social responsibility practices outperform those that don't. Financial managers recognize that treating stakeholders well can enhance the firm's reputation and strengthen its relationships, which can be beneficial to the firm's financial objectives in the long term.

How Do Today's Financial Managers Generally Feel About Treating Customers