Re:Email from Jeff Bezos to employees
by sokoloff on Tuesday February 02, 2021 @06:30PM
(#26008570)
Literally two posts above yours, the one your parent is replying to, are the words “legally obligated to put profit ahead of anything else.”
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Re:Email from Jeff Bezos to employees
by wizzwizz4 on Wednesday February 03, 2021 @05:55AM
(#26012518)
Hmm. I could argue that technically there're sometimes contracts with investors, but that's not about public trading; they probably just didn't understand where the obligation comes from.
Re:Email from Jeff Bezos to employees
by sokoloff on Wednesday February 03, 2021 @07:26AM
(#26012998)
To clarify: I don’t believe that companies are legally obligated to maximize profits.
I do believe that there are people who claim that companies have that legal obligation, which is what you said you’d not observed.