Under a shareholder model, managers' primary obligation is to act in the best interests of:
A) Themselves
B) The shareholders or owners
C) Society
D) Customers

Question

Quizplus · Accepted Answer

The shareholder model holds that managers have a primary obligation to act in the best interests of the shareholders or owners of the company. This means that decisions should be made with the goal of maximizing returns for shareholders, rather than prioritizing other stakeholders such as society or customers.

Under a Shareholder Model, Managers' Primary Obligation Is to Act