In a corporation the first duty of management is a


In a corporation, the first duty of management is a fiduciary duty to shareholders. Why is that a higher duty than to customers?

Explain how the treatment of corporations as a separate legal entity frees shareholders from a liability to the organization's debts and obligations.

Why is the maximize-profits theory not acceptable in today's business world?

Request for Solution File

Ask an Expert for Answer!!
Operation Management: In a corporation the first duty of management is a
Reference No:- TGS01609899

Expected delivery within 24 Hours