Which of the following is true of managers in an organization with good corporate governance?

Question

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In an organization with good corporate governance, managers should fulfill their fiduciary responsibility to the owners, which means they have a legal obligation to act in the best interest of the owners and put their interests ahead of their own. This includes making decisions that maximize profits and shareholder value while adhering to ethical standards and legal requirements. Nomination by the compensation committee (A) is not a requirement for good corporate governance, nor is only considering the single bottom line of profitability (C). An exclusive approach (D) is not typical of organizations with good corporate governance, as they prioritize transparency, accountability, and communication with stakeholders.

Which of the Following Is True of Managers in an Organization