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'.
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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?