Term:
Heightened managerial care
Definition:
Heightened managerial care (or heightened care) is a variant of the risk management term - "due care". The use of the word "heightened" stresses the fact that companies need to use extra vigilance and care in managing the heightened risks encountered in weak governance zones.
Domain:
Finance
Source:
OECD, 2006, Annual Report on the OECD Guidelines for Multinational Enterprises: Conducting Business in Weak Governance Zones, OECD, Paris
