Shareholders are powerless, no one really cares about shares on the secondary market and shareholder value is a just a thin excuse to keep doing what capital does.
legally required to maximize sharehold profits at all costs and ahead of other considerations, and they can be removed or sued if they do not.
This is not actually the case, I can find a couple articles if you're interested.
Eclipse Plane reminds me of the Iain Banks book Surface Detail with a simulated hell.
Let me know if the link doesn't work - book https://is.gd/mLTVsQ and a blog post - https://legislate.ai/blog/does-the-law-require-public-companies-to-maximise-shareholder-value
Directors tend to have very broad latitude as long as they're not stealing from the company
Shareholders are powerless, no one really cares about shares on the secondary market and shareholder value is a just a thin excuse to keep doing what capital does.
This is not actually the case, I can find a couple articles if you're interested.
Eclipse Plane reminds me of the Iain Banks book Surface Detail with a simulated hell.
I would like that, thank you.
Let me know if the link doesn't work - book https://is.gd/mLTVsQ and a blog post - https://legislate.ai/blog/does-the-law-require-public-companies-to-maximise-shareholder-value
Directors tend to have very broad latitude as long as they're not stealing from the company
Thank you!