This ethical theory states that managers are entrusted with a fiduciary responsibility - 2570

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This ethical theory states that managers are entrusted with a fiduciary responsibility to all those who hold a stake in or a claim on the firm . 

A. Stockholder theory 

B. Stakeholder theory 

C. Property theory 

D. Fiduciary theory 

E. Normative theory 

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This ethical theory states that managers are entrusted with a fiduciary responsibility to all those who h