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For Whom are Corporate Managers Trustees?

E. Merrick Dodd

Corporate Governance2026https://doi.org/10.4324/9781003764250-3book-chapter
AJG 2ABDC B
Weight
0.50

Abstract

AN individual who carries on business for himself necessarily enters into business relations with a large number of persons who become either his customers or his creditors. Under a legal system based on private ownership and freedom of contract, he has no duty to conduct his business to any extent for the benefit of such persons; he conducts it solely for his own private gain and owes to those with whom he deals only the duty of carrying out such bargains as he may make with them.

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https://doi.org/https://doi.org/10.4324/9781003764250-3

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@article{e.2026,
  title        = {{For Whom are Corporate Managers Trustees?}},
  author       = {E. Merrick Dodd},
  journal      = {Corporate Governance},
  year         = {2026},
  doi          = {https://doi.org/https://doi.org/10.4324/9781003764250-3},
}

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For Whom are Corporate Managers Trustees?

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

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