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This is a very naive take on that duty. Executives have enormous leeway in deciding what is best for their shareholders. The idea that they are bound to every l
by ohdannyboy 3y ago
This is a very naive take on that duty. Executives have enormous leeway in deciding what is best for their shareholders. The idea that they are bound to every lousy "makes a penny today damn the consequences" decision put in front of them is absurd.
Do business lie for money? Sure. But fiduciary duties don't compel that behavior.
- shrimp_emoji 3y agoDang. Could've fooled me!