Briefly Discuss the Incentives for Financial Managers to Conduct Their

question 38

Essay

Briefly discuss the incentives for financial managers to conduct their business in an ethical manner.

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Definitions:

Legitimate

Conforming to the law or to rules; able to be defended with logic or justification; valid.

Reward

A benefit or return given to someone as a recognition of their effort, achievement, or service.

Sources Of Power

The origins from which an individual or group can draw authority or influence, such as expertise, relationships, or formal positions.

Leader's Power

The capacity of a leader to influence the behavior of others, achieve goals, and command respect and compliance, derived from various sources.