ByteOnBikes@slrpnk.net to People Twitter@sh.itjust.worksEnglish · 18 days ago"Have a duty to shareholders to maximize profits" musk is scurd.slrpnk.netexternal-linkmessage-square101fedilinkarrow-up1688arrow-down1162
arrow-up1526arrow-down1external-link"Have a duty to shareholders to maximize profits" musk is scurd.slrpnk.netByteOnBikes@slrpnk.net to People Twitter@sh.itjust.worksEnglish · 18 days agomessage-square101fedilink
minus-squareHandwovenConsensus@lemm.eelinkfedilinkarrow-up3arrow-down1·17 days agoUnfortunately, that’s not true. Dodge vs Ford Motor Co established the precedent of shareholder primacy when Henry Ford was successfully sued for attempting to reduce dividends in favor of reinvesting profits.
Unfortunately, that’s not true. Dodge vs Ford Motor Co established the precedent of shareholder primacy when Henry Ford was successfully sued for attempting to reduce dividends in favor of reinvesting profits.