2 ms·
"While it is certainly true that a central objective of for-profit corporations is to make money, modern corporate law does not require for-profit corporations
by pseudalopex 5y ago
"While it is certainly true that a central objective of for-profit corporations is to make money, modern corporate law does not require for-profit corporations to pursue profit at the expense of everything else, and many do not do so."[1]
[1] https://caselaw.findlaw.com/us-supreme-court/13-354.html https://caselaw.findlaw.com/us-supreme-court/13-354.html
- account42 5y agoHow is a comment in a lawsuit against a private company relevant to a comment about the negative incentives of publicly traded companies?