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They also have the same mandate as the board of any other publicly traded company: maximize value for the shareholders. This is wrong. http://blogs.law.harvar
by dhugiaskmak 14y ago
They also have the same mandate as the board of any other publicly traded company: maximize value for the shareholders.
This is wrong.
http://blogs.law.harvard.edu/corpgov/2012/06/26/the-shareholder-value-myth/ http://blogs.law.harvard.edu/corpgov/2012/06/26/the-sharehol...
- sswaner 14y agoJust because some professor says it is harmful doesn't mean boards don't have that as a priority. And, the AIG CEO has publicly said his goal is to make his company as profitable as possible, and that may mean going to court.