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> Curious where people thing they are wrong or incomplete. Enforcement.
by rectang 7y ago
> Curious where people thing they are wrong or incomplete.
Enforcement.
- rgacote 7y agoAnd case law.
- jforman 7y agoCase law is on the side of corporations having no generalized duty to maximize profit on a day-to-day basis, for what it's worth. Corporations can exist for any number of reasons and the fiduciary duty is much more limited than people generally expect. My wife wrote a law journal article on this but it isn't digitized unfortunately.