Do you have a citation for that? Honest question as I hadn’t heard this before. Until this point I have always heard that corporations have no legal duty to put shareholder profits over all other considerations. Before anyone wonders, I’m not trying to defend capitalism, which I think is indefensible.
Do you have a citation for that? Honest question as I hadn’t heard this before. Until this point I have always heard that corporations have no legal duty to put shareholder profits over all other considerations. Before anyone wonders, I’m not trying to defend capitalism, which I think is indefensible.
Lol the citation is literally Dodge v. Ford Motor Co.
Thank you! I was not familiar with this case.