Special issue on China's adaptation to global best business practices: introduction

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Notes

Note

1. A fiduciary is held to a standard of conduct above that of a stranger or casual business person and must avoid ‘self-dealing’ or ‘conflict of interests’ where his/her potential benefits conflicts with what is best for the person who trusts him/her. Commonly as a legal matter, these are duties of care and loyalty on the part of the fiduciary (Feinerman 2007).