Comment by trinsic2

5 months ago

Moreover. Companies operate by Charter, via the will of the people (and the people is you or us). And regardless of any agreements companies have with shareholders, first and foremost, you have a responsibility to the people you live and operate with, to act for the peoples interests, otherwise you don't have a right to exist, contrary to the lack of action in law on this.

A Charter is a grant, from the people, for any for-profit organization to exist, it comes with certain restrictions and it can be revoked at any time.

Charter

a written grant by a country's legislative or sovereign power [The People], by which a body such as a company, college, or city is founded and its rights and privileges defined.