3 ms·
> fiduciary duty to maximize earnings This is not how corporate fiduciary duties work (courts repeatedly ruled there is no explicit responsibility to maximise
by anticensor 2y ago
> fiduciary duty to maximize earnings
This is not how corporate fiduciary duties work (courts repeatedly ruled there is no explicit responsibility to maximise profits or minimise taxes; Swedish Aktienbolaget are a notable exception there), though it is a common misinterpretation of them.