Getting Real: Stakeholder Theory, Managerial Practice, and the General Irrelevance of Fiduciary Duties Owed to Shareholders

Stakeholder theorists have generally misunderstood the nature and ramifications of the fiduciary responsibilities that corporate directors owe their stockholders. This fiduciary duty requires the exercise of care, loyalty, and honesty with regard to the financial interests of stockholders. Such obli...

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Bibliographic Details
Authors: Marens, Richard (Author) ; Wicks, Andrew (Author)
Format: Electronic Article
Language:English
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Published: Cambridge Univ. Press 1999
In: Business ethics quarterly
Year: 1999, Volume: 9, Issue: 2, Pages: 273-293
Online Access: Volltext (JSTOR)
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Volltext (lizenzpflichtig)