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> A publicly traded corporation has a legal obligation to maximize value for their shareholders No, it doesn't. Stop spreading myths.
by vonmoltke 7y ago
> A publicly traded corporation has a legal obligation to maximize value for their shareholders
No, it doesn't. Stop spreading myths.
- tryptophan 7y agoBut they do have a legal obligation to do what the board wants. Guess what the board wants 99% of the time?