5 ms·
That's apparently a popular misconception: https://medium.com/bull-market/there-is-no-effective-fiduciary-duty-to-maximize-profits-939ae50d0572 https://medium.c
by em500 5y ago
That's apparently a popular misconception: https://medium.com/bull-market/there-is-no-effective-fiduciary-duty-to-maximize-profits-939ae50d0572 https://medium.com/bull-market/there-is-no-effective-fiducia...
In this case specifically, it's very unlikely that any group of shareholders could succesfully sue the Board about this compensation package.