True or False: You can be an ethical executive and only share partial truths as long as it is in the best interest of the shareholders.

Being an ethical executive involves a commitment to honesty and transparency in all communications, including those with shareholders. Sharing partial truths can lead to misunderstandings, misrepresentations, and ultimately damage the trust that stakeholders place in an organization. Ethical leadership prioritizes the long-term interests of both the company and its stakeholders over short-term gains, ensuring that information shared is complete and accurate. While executives may be tempted to withhold certain information if they believe it benefits shareholders, doing so undermines ethical standards and the principle of integrity that is fundamental to responsible leadership. This understanding highlights the importance of providing full disclosure and building trust, which is critical for sustainable business practices.