4 ms·
That's a misunderstanding that I see a lot, they do not have a legal duty to maximize returns to shareholders. Not the source I usually use for this but, http
by Grimm1 5y ago
That's a misunderstanding that I see a lot, they do not have a legal duty to maximize returns to shareholders.
Not the source I usually use for this but,
https://www.nytimes.com/roomfordebate/2015/04/16/what-are-corporations-obligations-to-shareholders/corporations-dont-have-to-maximize-profits https://www.nytimes.com/roomfordebate/2015/04/16/what-are-co...
- bpodgursky 5y agoI mean, you could give lectures and try to convince the CEOs to give up free money, or you could set up a system of rules that actually incentivizes reasonable drug prices. I can tell you which is going to work better.