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This isn't actually true. Look up the legal definition of fiduciary duties for US corporations.
by xtian 7y ago
This isn't actually true. Look up the legal definition of fiduciary duties for US corporations.
- pgcj_poster 7y agoI think the person you're replying to was just saying that the CEO would probably be replaced if they prioritized something other than profits, not that it was legally mandated.