3 ms·

Please read the "Significance" section of the Wikipedia article you linked. It shows that your claim that this is a legal requirement isn't as clear-cut as you

• hilbert42 1y ago
  "...this is a legal requirement isn't as clear-cut as you make it to be." The legal legal requirement can be questioned but heaven help the modern CEO that doesn't abide by the shareholders-first ethos. Before the 1980s (before Thatcher, Reagan, Milton Friedman, Friedrich Hayek et al era) companies had an understanding that they had a responsibility to both shareholders and the community that they operated in. That latter notion is long since dead.