2 ms·
> corporations have a fiduciary duty to their shareholders to increase profit "modern corporate law does not require for-profit corporations to pursue profit a
by cratermoon 3y ago
> corporations have a fiduciary duty to their shareholders to increase profit
"modern corporate law does not require for-profit corporations to pursue profit at the expense of everything else, and many do not do so"
https://www.nytimes.com/roomfordebate/2015/04/16/what-are-corporations-obligations-to-shareholders/corporations-dont-have-to-maximize-profits https://www.nytimes.com/roomfordebate/2015/04/16/what-are-co...