A Leader Who Focuses on Maximizing Shareholder Wealth Will Automatically

question 16

True/False

A leader who focuses on maximizing shareholder wealth will automatically behave ethically from the standpoint of the principle "pay attention to all stakeholders."

---

Definitions:

Conformity

Conformity is the act of adjusting one's behaviors or beliefs to align with the norms or standards of a group or society.

Groupthink

A psychological phenomenon occurring within a group of people, where the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome.

Cohesiveness

The degree to which members of a group or team are united in pursuing common goals and how connected they feel to the group.

Collectivism

A cultural or social perspective that emphasizes the importance of the group over individual interests or identities.