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by maxxxxx 3357 days ago
"The courts say 'maximizing shareholder value'."

there is no legal requirement to maximize shareholder value. That's just a myth.

1 comments

Even if there was, it wouldn't automatically follow that you needed to maximize short-term value rather than long-term value.

Many of the things put forward as "maximizing shareholder value" are talking about short-term value, and do so at the expense of long-term value.