Re:Amazon founder Jeff Bezos calls for governments to end pa...
by rayiner on Wednesday October 17, 2012 @05:19PM
(#4666484)
There is no such law, and it's never been a fiduciary duty.
There is one common law school case where a court smacked down Henry Ford for saying he didn't care about shareholders, just his workers, but that's because it was the Dodge brothers bringing suit and Henry Ford was being a huge dick. That case wasn't really a correct statement of the law even at the time.
There is one common law school case where a court smacked down Henry Ford for saying he didn't care about shareholders, just his workers, but that's because it was the Dodge brothers bringing suit and Henry Ford was being a huge dick. That case wasn't really a correct statement of the law even at the time.