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Re:No Science, No Startups: The Innovation Engine We're Swit... by mike_hearn on Monday October 13, 2025 @12:59PM (#45570670)
Ford was an egregious case though. The court's judgement was surely correct but it also hardly matters for the real world. CEOs usually don't publicly announce they plan to literally and deliberately burn all their profits, even if it in reality they absolutely plan to spend it on vanity projects or whatever.
Re:No Science, No Startups: The Innovation Engine We're Swit... by bena on Monday October 13, 2025 @02:16PM (#45571618)
Regardless of what the intention was, shareholder primacy has roots in that judgment.