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Well I mean that's the consequence of capital ownership isn't it? It's not like these people are operating under some kind of constitutional obligation to their
by captainbland 8y ago
Well I mean that's the consequence of capital ownership isn't it? It's not like these people are operating under some kind of constitutional obligation to their staff or anything.
- praptak 8y agoThey are screwing (the other) shareholders.
- captainbland 8y agoWell sure, but chances are you're enriching the majority shareholder in this case. It's a per-share system not a per-person system.
- byset 8y agoWhat's your point? He is still violating his fiduciary duty to the corporation by looting it to enrich himself personally.