3 ms·
Nike isn't a person. It doesn't have feelings or opinions or thoughts . Its existence is summed up by legal contracts which are obligations between the sharehol
by anm89 6y ago
Nike isn't a person. It doesn't have feelings or opinions or thoughts . Its existence is summed up by legal contracts which are obligations between the shareholders and the corporation and those legal contracts obligate the corporation to act in a fiduciary manner to create returns on the investments.
That's how I can tell.
- neolog 6y agoIANAL but I don't think that's what a typical corporate charter actually requires. It's just an opinion some people have about what companies should do.