3 ms·
Fiduciary duty was not always the end-all-be-all of corporate decision making. This has been a see-saw battle between employee wellness, customer satisfaction,
by dangerwill 3y ago
Fiduciary duty was not always the end-all-be-all of corporate decision making. This has been a see-saw battle between employee wellness, customer satisfaction, and shareholder returns, and we are at the apex of shareholder dominance currently. But that does not mean this is set in stone. General Electric explicitly put employee wellness and customer satisfaction above shareholders in the their business documents as late as the 70s.