10 ms·
Just for future reference: Nope. Not legally required. The whole "all obligation to the shareholders" is an idea that Milton Friedman had in the 60's, and that
by groby_b 8y ago
Just for future reference: Nope. Not legally required.
The whole "all obligation to the shareholders" is an idea that Milton Friedman had in the 60's, and that people kept repeating as a mantra: https://en.wikipedia.org/wiki/Friedman_doctrine https://en.wikipedia.org/wiki/Friedman_doctrine
It is far from a legal concept, and even further from a universally accepted truth.