Moral responsibilities of trustees: some first thoughts.
The role of a trustee is unclear to most people, including many trustees. The author proposes a view of trustees as persons who have public responsibility for private or independent provision of a public good. This is a moral definition of trusteeship; without trusteeship a pluralist society would be in trouble. The author argues that trustees should be constrained by fiduciary duties, the common good, an interpretative responsibility, and some procedural norms.
Smith
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Poynter Center for the Study of Ethics and American Institutions, Indiana University, Bloomington.
D004991:Ethics, Institutional; D005376:Financial Management / Q000592:standards; D009937:Organizational Objectives; D009939:Organizations, Nonprofit / Q000592:standards; D012941:Social Responsibility; D014341:Trustees / Q000592:standards*; D014481:United States