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From article by the op: > …products owned by publicly traded companies who have a legally binding responsibility to maximize financial return on investment to
by unkulunkulu 5y ago
From article by the op:
> …products owned by publicly traded companies who have a legally binding responsibility to maximize financial return on investment to their shareholders.
Can someone enlighten me to this particular detail? How come legally? I believed it was free market?
- vhiremath4 5y agoboard members of publicly traded companies have a fiduciary responsibility to their shareholders to make decisions that maximize shareholder value