3 ms·
That argument is :-o levels of bad. "If the legal obligation to maximize profit for shareholders existed we would have to develop a good definition of how is i
by TomSwirly 6y ago
That argument is :-o levels of bad.
"If the legal obligation to maximize profit for shareholders existed we would have to develop a good definition of how is is to be measured."
Translation of this bad argument: "Everyone uses words differently, so laws are impossible."
We have almost a century of stockholder lawsuits, some successful, to show how ridiculous this argument is.
- conistonwater 6y agoThat's not the argument made in that post, AFAICT?