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Re:Twitter board adopts poison pill after Musk’s $43B bid to... by RosanaAnaDana on Friday April 15, 2022 @04:24PM (#31045369)
>It depends on what the interests of the shareholders actually is. Monetary only, or are there other considerations they care about?

Is a board allowed to consider anything but?

Re:Twitter board adopts poison pill after Musk’s $43B bid to... by riccardomc on Friday April 15, 2022 @04:43PM (#31045596)
Yes. The law doesn't bind directors to maximize shareholders value.

https://www.reddit.com/r/law/comments/3pv8bh/comment/cw9t52d...

Re:Twitter board adopts poison pill after Musk’s $43B bid to... by ameister14 on Friday April 15, 2022 @05:09PM (#31045862)
I could be wrong but I don't think Twitter is a B corp.
Re:Twitter board adopts poison pill after Musk’s $43B bid to... by riccardomc on Saturday April 16, 2022 @03:05AM (#31050259)
Twitter is not a B-Corp indeed. However any company, not just B-Corps, can have a purpose other than shareholders value maximization. Check this article: https://doi.org/10.1111/joms.12660

There's an easily searchable index of B-Corps: https://www.bcorporation.net/en-us/find-a-b-corp

Re:Twitter board adopts poison pill after Musk’s $43B bid to... by ameister14 on Saturday April 16, 2022 @08:33AM (#31051788)
>any company, not just B-Corps, can have a purpose other than shareholders value maximization.

It's moving there but I don't think it's there quite yet according to case law. The board motivations at present still have to tie back to maximizing value for shareholders.

Re:Twitter board adopts poison pill after Musk’s $43B bid to... by namdnay on Friday April 15, 2022 @04:41PM (#31045567)
Of course they are, major investors regularly push boards to do more ESG for example
Re:Twitter board adopts poison pill after Musk’s $43B bid to... by ameister14 on Friday April 15, 2022 @05:02PM (#31045788)
So most directors can get around the shareholder primacy rule pretty easily by tying the changes they want back to shareholder value.