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Re:Andreessen Horowitz to give half their earnings to charity by keithwinstein on Thursday April 26, 2012 @12:07AM (#3892347)
The directors are fiduciaries. Shareholders aren't fiduciaries and don't owe a duty to other shareholders.
Re:Andreessen Horowitz to give half their earnings to charity by anamax on Thursday April 26, 2012 @12:38AM (#3892456)
While majority stockholders may not be fiduciaries, googling "duties to minority stockholders" suggests that they have some duties wrt minority stockholders, at least in some cases.
Re:Andreessen Horowitz to give half their earnings to charity by nostrademons on Thursday April 26, 2012 @05:38AM (#3893102)
IIUC corporate officers are fiduciaries as well; hence, shareholder lawsuits. As CEO of Facebook, Zuckerburg could be liable for wasting Facebook's money.