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More info for those curious: Corporations Don’t Have to Maximize Profits Lynn Stout, the distinguished professor of corporate and business law at Cornell Law
by obmelvin 8y ago
More info for those curious:
Corporations Don’t Have to Maximize Profits
Lynn Stout, the distinguished professor of corporate and business law at Cornell Law School, is the author of "The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public."
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...
- Bromskloss 8y agoAren't shareholders and investors the same thing?
- abrowne 8y agoYes, so the title is saying they too will be harmed by "putting them first".