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Companies don't have any responsibility to the shareholders. Directors of the company do. However that responsibility does not extend to making money for the
by Marazan 14y ago
Companies don't have any responsibility to the shareholders. Directors of the company do. However that responsibility does not extend to making money for the shareholders. In the UK and the US directors have a huge amount of latitude in running the company and it basically resolves down to making "good faith" decisions for the betterment of the company.