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In the US pubicly held corporations have a legal obligation to act in the interests of their shareholders. Not always, but typically this means maximizing reven
by sircastor 7y ago
In the US pubicly held corporations have a legal obligation to act in the interests of their shareholders. Not always, but typically this means maximizing revenue as that's how the company provides value to it's owners.
- anticensor 7y agoThat does not require them to maximise their immediate profit, like they have just about to go bankrupt, though. They should strive to maximise overall return to shareholders.