Re:"Are US companies legally obligated to maximize profits f...
by eropple on Friday February 17, 2023 @11:15AM
(#34836469)
This can also (and, frankly, less weasel-wordishly) be framed as "directing capital based on the desires of the stakeholders involved." High-dividend ETFs have "purity tests", they just involve things you don't feel like being pejorative about.
And, as 'Apocryphon notes, this is much older than you think besides.
And, as 'Apocryphon notes, this is much older than you think besides.