6 ms·
The corporate form has been and is now, legally, an enterprise to return financial value to shareholders. Corporations are routinely sued when they stray from t
by golemotron 4y ago
The corporate form has been and is now, legally, an enterprise to return financial value to shareholders. Corporations are routinely sued when they stray from that. People with a different vision should change the law rather than be continually surprised.
- generj 4y agoFiduciary responsibility is a myth. Company officers basically have to yell into a megaphone “I am making this decision to harm the company, there are no possible upsides to the company for this action” to be liable.