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How the business judgment rule helps shield board members from liability

• TrevorBurnham 16y ago
  "Those on the right, like Milton Friedman, argue that the shareholder-wealth-maximization requirement prohibits firms from acting in ways that benefit, say, local communities or the environment, at the expense of the bottom line." Uh, citation needed. This is a pretty harsh statement, especially with its present-tense reference to a man who is no longer around to defend himself.