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Fiduciary Responsibility This is a tricky one where it’s a lose/lose for Nvidia. They have a fiduciary responsibility to investors to drive more revenue (whil
by tiffanyh 3y ago
Fiduciary Responsibility
This is a tricky one where it’s a lose/lose for Nvidia.
They have a fiduciary responsibility to investors to drive more revenue (while being compliant with laws), US gov doesn’t like that Nvidia is driving sales while technically being compliant to the letter of the law.
- b112 3y agoThey have far wider latitude with fiduciary responsibility, which is not a requirement. There are examples of such, and a primary would be a company taking an environmental stance. EG, leaving profit on the table for environmental reasons. So it really isn't that tricky at all.
- 2OEH8eoCRo0 3y agoNo they do not. They have a duty to act in the interest of shareholders which basically means- don't abuse your position to enrich yourself.