[FredPret]

True but

- everybody should have the opportunity to retire

- that means they have to save & invest

- that means corporations have a moral duty to do their best

- if an old person entrusted my company with the financial results of their life's work, I'd feel a lot of pressure to make good on the implied promise that I won't just take the money and put my feet up

[hot_gril]

I don't see why retirement is relevant here. Company's duty is to its shareholders either way.

[FredPret]

Agreed but in the case of retired people, that duty hits different. They don't have the ability to go back and earn more money; many are also in cognitive decline.

[hot_gril]

The duty to every share is the same, it's not really a consideration. It's not like Google has a separate "Greyglers" class of shares.