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Had I been Ford, I'd have suggested that these investments were indeed intended to "maximize shareholder value" - build more capacity, build more product, sell
by delinka 12y ago
Had I been Ford, I'd have suggested that these investments were indeed intended to "maximize shareholder value" - build more capacity, build more product, sell more units ... profit? You can spout the humanitarian stuff all you want to journalists, but in court, you should really be addressing the specific grievances of the plaintiff.
- fleitz 12y agoYup, great advice, the court does not give a shit about your humanitarian blah blah blah, it's a case with specific points, if you defeat those points you win. All he really had to say was that investing in more factories would lead to more profit down the road. Basically like this: 1. Invest in more factories. 2. ??? 3. Profit.
- MereInterest 12y agoWith the precedents that exist today, you are correct. One of those precedents is, surprise, this particular court case. Since time travel is not known to exist, the result of Dodge v. Ford Motor Company was unknown at the time of Dodge v. Ford Motor Company. Ford was addressing the specific grievances of the plaintiff, given the legal precedents that existed at the time. The plaintiffs were complaining that he was not paying dividends, and Ford argued that he was under no obligation to do so.