4 ms·
Not for a public C corp. They must maximize shareholder value, or a minority shareholder could sue and win. Patagonia changed their corporate structure to a Ca
by kevinpet 13y ago
Not for a public C corp. They must maximize shareholder value, or a minority shareholder could sue and win.
Patagonia changed their corporate structure to a California B corp to allow this.
- brazzy 13y agoSounds like a caricature of the actual laws.