Re:Companies fret as costs soar for software subscriptions (...
by p_l on Thursday March 05, 2020 @02:11PM
(#22496950)
No, that's not what "fiduciary duty" means.
Fiduciary duty means that the board is supposed to be honest with the shareholders and not actively work against the corporation. That does not mean, in fact, that they are required to put growth of shareholder value to any respect.
Fiduciary duty means that the board is supposed to be honest with the shareholders and not actively work against the corporation. That does not mean, in fact, that they are required to put growth of shareholder value to any respect.