Corporate managers are expected to make corporate decisions that are in the best interest of:

Question

Quizplus · Accepted Answer

Corporate managers have a fiduciary duty to act in the best interest of the corporation's shareholders, who are the owners of the company. While considering the interests of other stakeholders (such as employees, customers, and communities) is important, the primary responsibility of corporate managers is to maximize shareholder value.

Corporate Managers Are Expected to Make Corporate Decisions That Are