Responsibilities to Investors (Abridged)

Lena G. Goldberg; Joseph L. Badaracco

Module Note | November 2018 (Revised January 2019)

Responsibilities to Investors (Abridged)

by Lena G. Goldberg and Joseph L. Badaracco

Abstract

This note focuses on managers’ responsibilities—economic, legal, and ethical—to investors. In capitalist and some socialist economies, these responsibilities traditionally have been grounded in fiduciary duties and are typically part of the common law or statutory law or are incorporated in civil codes. But, as this note will show, fiduciary obligations are deeply intertwined with economic and ethical responsibilities.

Keywords: Responsibilities to Investors; investors; responsibility; Business and Shareholder Relations; Management; Ethics;

Language: English

Format: Print

9 pages

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Citation:

Goldberg, Lena G., and Joseph L. Badaracco. "Responsibilities to Investors (Abridged)." Harvard Business School Module Note 319-066, November 2018. (Revised January 2019.)