4 ms·

> They have a fiduciary duty to their shareholders... Citation please.

• nwiswell 5y ago
  Does this work? https://www.nolo.com/legal-encyclopedia/fiduciary-responsibility-corporations.html#:~:text=Fiduciary%20Duty%20of%20Loyalty,personal%20or%20other%20business%20interests https://www.nolo.com/legal-encyclopedia/fiduciary-responsibi....
  • Bootvis 5y ago
    No, that paragraph describes the duty of officers of the company to put the interests of the company before their own. It doesn’t claim that these officers need to behave unethically. You could even argue that displaying unethical behavior is not in the best interests of the company in the long run but this is of course hard to prove in any direction.
    • nwiswell 5y ago
      You asked for a citation of fiduciary duty. I already explained why that precludes moral action in this case
  • specialist 5y ago
    I now realize I misinterpretted your prior reply as copypasta of the "maximize shareholder value" trope. My apologies.