3 ms·
> to the point where they get sued if they don't maximize shareholder value This is a huge exaggeration. Corporate executives sometimes get sued if they active
by prottog 3y ago
> to the point where they get sued if they don't maximize shareholder value
This is a huge exaggeration. Corporate executives sometimes get sued if they actively destroy shareholder value. Approximately nobody is getting sued for "not maximizing" it.
- remich 3y agoIf anyone is curious to learn more, look up the "business judgment rule" with reference to D&O litigation.