4 ms·
There’s a pretty big difference between “companies don’t have to seek maximum return for shareholders” and “companies can spend billions of dollars to prevent t
by lilyball 5y ago
There’s a pretty big difference between “companies don’t have to seek maximum return for shareholders” and “companies can spend billions of dollars to prevent their executives from being personally liable”.
- jonplackett 5y agoI reckon FB share price would dip more than $5Billion of Zuck got deposed. I don't agree that they should be allowed do this, but it seems like the obvious move if they can get away with it - for shareholder value as well.