The Responsibility Of The Corporate Executive, And The Community

720 Words 3 Pages
This essay will discuss the responsibility of the corporate executive and where it lies. We will see if he is accountable to the shareholders, as well as the community. The responsibility of the corporate executive general lies in maintaining the company standards. He’s primarily accountable to the community, well also being accountable to his shareholders and the company. It’s his job as the corporate executive to place policies and practices in motion to keep the company strong and honest. By doing thing he is ensuring that the company can continue to succeed and remain operational. The laws in effect are enforced by the corporate executive, leaving him accountable for the exercise of the powers and duties of the corporation of the daily operations that aren 't usually overseen by the board. The corporate executive additionally ought to be accountable for all personnel within the company aside from the people that are above him. The laws ought to also state that the corporate executive should have an influence over himself, not just the board. Corporate executives tend to have so much power that it becomes hard to understand which lines …show more content…
The community is yearning for the success of the corporation and everything that the success brings along with the community. There are taxes that come from corporations being victorious that benefit all the individuals within the community. They create jobs for people who are relying on a stable income. Another reason that the corporate executive is responsible to the community is for its opportunities for others to achieve success. By having a victorious business, others within the community can open businesses that complement one another. They would not be in competition, however in collaboration to make the community better. There are several reasons that the corporate executive contains a responsibility to the

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