Y
Hacker News
new
|
ask
|
show
|
jobs
by
aerotwelve
2839 days ago
Dodge v. Ford is only precedent in Michigan. Even within Michigan, it's my understanding that the decision is outweighed by the business judgement rule[1], which contradicts any mandate of shareholder primacy.
[1]
https://en.m.wikipedia.org/wiki/Business_judgment_rule