Re:Businesses should try to be the best, not the biggest
by tome on Friday January 29, 2021 @09:08AM
(#25957349)
> Oftentimes, companies will have a legal obligation to their stockholders to (attempt to) maximise profit…
Can you point me to an example of a company that has a legal obligation "to (attempt to) maximise profit"?
I suspect that, in fact, the legal obligations of any company include (but are not limited to) increasing profit whilst taking into account many other factors.
Can you point me to an example of a company that has a legal obligation "to (attempt to) maximise profit"?
I suspect that, in fact, the legal obligations of any company include (but are not limited to) increasing profit whilst taking into account many other factors.