The concept that all director decisions should be in the best interests of the corporation and its stakeholders is known as a:__

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Hitman42 [59]

1 year ago

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The concept that all director decisions should be in the best interests of the corporation and its stakeholders is known as a:__

_______

Social Studies

1 answer:

bezimeni [28] · Answer 1 · 2024-01-06T18:29:54+03:00

The concept that all directors' decisions should be in the best interest of the company and its stakeholders is called the linterlocking directorate.

The company's directors perform the following roles: Administer, coordinate and control the company's business activities. They provide the best working conditions for the company's employees. They ensure good business relations between the trading partners and the company. Leadership is undoubtedly one of the most important professions in the industry, and for good reason. Being a successful filmmaker requires skills, talent, and experience.

A director is a person elected or appointed to administer the business and affairs of the company. Each registered company must have at least one director. Who are your directors and key information about them is entered into the company register. The Chief Executive Officer (CEO) develops the overall strategy and vision of the organization. The managing director, on the other hand, oversees the day-to-day implementation of this strategy and strives to align employees with the company's long-term goals.

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