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they care about profit. they have to. At least in the US: https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co https://en.wikipedia.org/wiki/Dodge_v._Ford_Moto
by Xelbair 3y ago
they care about profit. they have to. At least in the US:
https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.
- 0dayz 3y agoThat one literally states it's uncertain if it is the case that corporations that are public have to maximize profits in the interest of the shareholders.
- bantunes 3y agoThis argument always felt like a cop-out to me. "Amazon is squeezing employees for maximum profit!" "Yes, they have to maximize profit by law" right, but there are also laws against union-busting, about workplace safety, etc, etc however _for some reason_ these other laws are second tier to a corporation's legal profit mandate.
- o-o- 3y agoDo you have a source for "they have to maximize profit by law"?