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They are not under legal obligation to maximize return for shareholders. And they can pursue whatever quality/cost/market segments they want.
by quantified 2y ago
They are not under legal obligation to maximize return for shareholders. And they can pursue whatever quality/cost/market segments they want.
- mouse_ 2y agoI see, you are right. I believed I had read this from multiple sources in the past, but in fact, it appears to be a well-propagated myth! Thank you!