ByteOnBikes@slrpnk.net to People Twitter@sh.itjust.worksEnglish · 1 year ago"Have a duty to shareholders to maximize profits" musk is scurd.slrpnk.netexternal-linkmessage-square99fedilinkarrow-up1694arrow-down1163
arrow-up1531arrow-down1external-link"Have a duty to shareholders to maximize profits" musk is scurd.slrpnk.netByteOnBikes@slrpnk.net to People Twitter@sh.itjust.worksEnglish · 1 year agomessage-square99fedilink
minus-squareHandwovenConsensus@lemm.eelinkfedilinkarrow-up3arrow-down1·1 year 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.