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> LEGAL obligation to act in the interests of the Corporation This is a myth. The only time this applies is if there's an actual written contract of fiduciary
by tomnipotent 7y ago
> LEGAL obligation to act in the interests of the Corporation
This is a myth. The only time this applies is if there's an actual written contract of fiduciary duty. Running a company or having investors does not magically enact some federal law.
- perl4ever 7y agoAs we see by all the talk about stakeholders. Not to mention ethics, obeying the law, etc.