"The state's Condominium Act imposes upon the board of managers a broad fiduciary obligation to conduct business properly and openly," said Andrew Berkman, a Manhattan co-op and condominium lawyer.
We must reconnect the company with society, and instil a sense of broader obligation, rewarding value creation over value extraction.
They are meant to last, because they owe broad obligations to so many other firms through the board seats they hold.
Finally ratified in 2005, the FCTC sets out broad obligations for reducing both tobacco demand and tobacco production, but the weakened language of the treaty, continuing opposition from transnational tobacco companies (94), and different levels of commitment mean that enactment of FCTC measures is still highly variable across signatory countries.
Schools were willing to work closely and collaboratively with public health officials to ensure that they were adhering to the recommendations (to fulfil their broad obligations to protect the school community) and they needed, at the same time, to consider the educational impact on students.
"I think there is a good chance now that a broad E.U. notification obligation will come into effect," said Ann Bevitt, a lawyer in London at Morrison & Foerster who advises multinational businesses on the data management.
It aims to bridge the gap between a narrow, transaction-oriented account of avoiding exploitation and a broad account emphasizing obligations of reparation for historic injustices.
"Mass engagement, a broad culture of responsibility, mutuality and obligation".
The second is that the obligation is a broad one, extending beyond the traditional duty to shareholders to other societal groups such as customers, employees, suppliers, and neighboring communities" (Jones, 1980, p.59 60).
President Obama forecast this decision in May when he announced a broad agreement to harmonize the obligations of California, the E.P.A. and the federal Department of Transportation.
