4 ms·
You are aware that the business judgement rule[0] allows company directors wide latitude in how they run the company, right? I understand expecting companies t
by pmiller2 6y ago
You are aware that the business judgement rule[0] allows company directors wide latitude in how they run the company, right? I understand expecting companies to make strong efforts to be as profitable as possible, but there is literally no need to do so at the expense of both employees and the company's public image. Rather than trying to "minimize that perception," the simplest way to deal with this type of scenario is to just not do the bad thing.
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[0]: https://en.wikipedia.org/wiki/Business_judgment_rule https://en.wikipedia.org/wiki/Business_judgment_rule
- matz1 6y ago>but there is literally no need to do so at the expense of both employees and the company's public image Thats depends, if the goal is maximal profitability and the cost/risk doing that is minimal then they should do it.