Re:Amazon VP Resigns, Calls Company ‘Chickenshit’ for Firing...
by filthycommunist on Monday May 04, 2020 @11:55AM
(#23069517)
On what grounds do you say that public companies have to be unethical within legal limits? If there is any law which states that publicly owned companies have to maximise profit at any cost, then I am not aware of it.
(My impression is that public companies are essentially required to maximize profit and shareholder value at any cost... at least at any cost that's technically legal and which wouldn't create significant blowback from society--blowback which would cut into those profits. Private companies owners have the freedom to follow their conscience and not sell their company's soul even if doing so would greatly increase profits.)
To sum it up, the imperative (or lack thereof) to maximize profits.