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It is not true in the United States. Officers of the company are required to do best by the company and all stakeholders, but the officers can generally define
by Conan_Kudo 4y ago
It is not true in the United States. Officers of the company are required to do best by the company and all stakeholders, but the officers can generally define how they approach that. Most go by the share price, because it's used as a proxy to measure company success.