Concept information
Preferred term
fiduciary norm
Definition
- The fiduciary norm is a social norm that instructs the agent acting in his or her role of agency to act solely in the interest of his or her principal, without regard for any other interests, including the self-interest of the agent. The more highly dependent the principal on the agent's tasks of agency, the more likely is the norm to be triggered and to be more strongly prescribed. [Source: Encyclopedia of Business Ethics and Society; Fiduciary Norm]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/fiduciary_norm
{{label}}
{{#each values }} {{! loop through ConceptPropertyValue objects }}
{{#if prefLabel }}
{{/if}}
{{/each}}
{{#if notation }}{{ notation }} {{/if}}{{ prefLabel }}
{{#ifDifferentLabelLang lang }} ({{ lang }}){{/ifDifferentLabelLang}}
{{#if vocabName }}
{{ vocabName }}
{{/if}}