3 ms·
> must claim fiduciary duty to shareholders This isn't true, and I can't tell if this view has been promulgated by decision makers who want to hide behind it o
by lann 8y ago
> must claim fiduciary duty to shareholders
This isn't true, and I can't tell if this view has been promulgated by decision makers who want to hide behind it or the shareholders to whom the mythical duty is owed. Probably both I guess?
"modern corporate law does not require for-profit corporations to pursue profit at the expense of everything else"
https://caselaw.findlaw.com/us-supreme-court/13-354.html https://caselaw.findlaw.com/us-supreme-court/13-354.html