3 ms·

I’m not sure why you are down voted... that is his legal obligation.

• ceejayoz 9y ago
  That's a commonly held myth. https://www.nytimes.com/roomfordebate/2015/04/16/what-are-corporations-obligations-to-shareholders/corporations-dont-have-to-maximize-profits https://www.nytimes.com/roomfordebate/2015/04/16/what-are-co... https://www.washingtonpost.com/news/wonk/wp/2013/09/09/how-the-cult-of-shareholder-value-wrecked-american-business/ https://www.washingtonpost.com/news/wonk/wp/2013/09/09/how-t... https://medium.com/bull-market/there-is-no-effective-fiduciary-duty-to-maximize-profits-939ae50d0572 https://medium.com/bull-market/there-is-no-effective-fiducia... https://en.wikipedia.org/wiki/Fiduciary#Fiduciary_duties_under_Delaware_corporate_law https://en.wikipedia.org/wiki/Fiduciary#Fiduciary_duties_und...
• Clubber 9y ago
  It is not. It's what psychopath people use as an excuse.