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I think you've been downvoted for this: > in America [...] it's a legal responsibility of the CEO of a corporation to maximize shareholder value. This isn't a
by ScottBurson 8y ago
I think you've been downvoted for this:
> in America [...] it's a legal responsibility of the CEO of a corporation to maximize shareholder value.
This isn't actually true, or at least I've seen it disputed convincingly [0], though it is very widely believed. It's no surprise that you were explicitly taught it.
[0] https://hbr.org/2017/05/managing-for-the-long-term https://hbr.org/2017/05/managing-for-the-long-term