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Here's some interesting discussion on the 'fiduciary duty' mantra the finance types keep singing: > Are U.S companies legally obligated to maximize profits for
by brymaster 13y ago
Here's some interesting discussion on the 'fiduciary duty' mantra the finance types keep singing:
> Are U.S companies legally obligated to maximize profits for shareholders?
> Not directly, but often conditions surrounding corporations lead to this obligation
http://skeptics.stackexchange.com/questions/8146/are-u-s-companies-legally-obligated-to-maximize-profits-for-shareholders http://skeptics.stackexchange.com/questions/8146/are-u-s-com...
As long as we continue to not call them out on their bullshit, they'll keep singing.