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This isn't strictly true. A public company's first duty is to fulfill its stated purpose in its articles of incorporation. While that's often to maximize prof
by Consultant32452 7y ago
This isn't strictly true. A public company's first duty is to fulfill its stated purpose in its articles of incorporation. While that's often to maximize profits, it's not always the case. For example, your for profit company might also have a stated purpose to protect the environment.
- lukeqsee 7y agoAh, yes, valid. Unfortunately that’s precious few public companies.