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by SpelingBeeChamp 1298 days ago
Companies don’t have a duty to maximize shareholder value.

See here, for one discussion: https://www.nytimes.com/roomfordebate/2015/04/16/what-are-co...

2 comments

The first link in that article (that the law in Delaware is clear about corporate purpose) is to the author’s own writing elsewhere.

Not that it makes him wrong, but citing yourself is not a great look, IMO.

I appreciate the link.

Profit != value.