News for hackers. Stuff that matters.
Re:"Are US companies legally obligated to maximize profits f... by dfmooreqqq on Friday February 17, 2023 @10:48AM (#34835993)
Early in my career, I worked for a company that had one of its five core values as "Maximize shareholder value" and these would get displayed all around the company (as if they were supposed to inspire us). I thought (1) 'I can't believe anyone is actually inspired by that' and (2) 'Well, at least they're honest about it'.
Re:"Are US companies legally obligated to maximize profits f... by jimbokun on Friday February 17, 2023 @11:09AM (#34836361)
As only one of 5 principles, that's not necessarily bad (depending on what the other 4 are).
Re:"Are US companies legally obligated to maximize profits f... by ecolonsmak on Friday February 17, 2023 @10:59AM (#34836179)
Were you a shareholder at the time?