4 ms·
>Also, IIRC it's a requirement in the USA that public (and not-NFP) companies must always act to 'increase shareholder value', so the giving away of products or
by ntakasaki 11y ago
>Also, IIRC it's a requirement in the USA that public (and not-NFP) companies must always act to 'increase shareholder value', so the giving away of products or services could be considered a legal exposure. The obvious way to work around this concern is to label it marketing, which brings us back to where we came in.
There is no such requirement.
https://www.washingtonpost.com/opinions/harold-meyerson-the-myth-of-maximizing-shareholder-value/2014/02/11/00cdfb14-9336-11e3-84e1-27626c5ef5fb_story.html https://www.washingtonpost.com/opinions/harold-meyerson-the-...
http://www.nytimes.com/roomfordebate/2015/04/16/what-are-corporations-obligations-to-shareholders/corporations-dont-have-to-maximize-profits http://www.nytimes.com/roomfordebate/2015/04/16/what-are-cor...
>EDIT: Sorry - misread your 404 question -- try these:
I read those and I don't find anything to justify OPs "$400m to fund ways to destroy GNU/Linux" or The Register's characterization of '$421m to fight Linux".
- Jedd 11y agoHappy to be disabused on the shareholder value front. In AU we're obliged to consider shareholder interests, but with no constraint to prioritise short-term gains. No idea how far this has been tested by case law.