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Which of the following applies to the concept of enlightened shareholder value?
A It is the price shares can be expected to raise if they were to be sold
B It is the yardstick for assessing the performance of directors' duties
C It is the standard of behaviour expected of shareholders in general meetings
答案:The answer isB.
The principle of enlightened shareholder value means that the law should encourage longtermism and regard for all stakeholders by directors and that stakeholder interests should be pursued in an enlightened and inclusive way.
To achieve this, a duty of directors to act in a way, which, in good faith, promotes the success of the company for the benefit of the members as a whole, was created.
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