Directors' Priority Is to Act in the Best Interests of the Shareholders

question 51

True/False

Directors' priority is to act in the best interests of the shareholders.

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Definitions:

Ethical Leadership Behaviour

Actions and decision-making processes of leaders that are guided by principles of ethics and morality.

Psychological Well-Being

A state of mental health characterized by positive emotions, life satisfaction, and a sense of purpose.

Psychological Empowerment

A state in which individuals feel a sense of control over their work and perceive their job as meaningful, contributing to a sense of competence and self-determination.

Empowering Leadership

A leadership style focused on giving employees autonomy, encouraging decision-making, and fostering their skills and confidence.