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by ABS
4366 days ago
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This myth that businesses have a fiduciary responsibility to maximize profits has to die :-) Fortunately there is now (since 2012 in fact) a book that explains it very well in terms that almost anyone can understand, certainly anyone here on HN: The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public
http://www.amazon.co.uk/Shareholder-Value-Myth-Shareholders-... Don't even need to read it all, the first few chapters are more than enough IMHO |
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