What is a manager's fiduciary duty?
It is not management that has this responsibility per se, but the owner of an incorporated business selling stocks. Such businesses MUST make money for their shareholders as part of their fiduciary duty/responsibility.© BrainMass Inc. brainmass.com March 4, 2021, 11:07 pm ad1c9bdddf
Actually, I'm not sure I agree with your statement. As an executive, I don't believe you're headed in the right direction. Let me explain to you why, and how I would answer this, as an executive.
A manager's fiduciary duty is to act in the best interest of the stakeholders of the company, at all times. The manager's fiduciary duty lies ...
The solution provides a discussion regarding the fiduciary duty of a manager.