Comment by burnte
11 hours ago
They actually can. Fiduciary responsibility does not mean you can only do the most profitable thing and nothing else. You just need leaders willing to do it and a board to agree. Boards and officers are given wide latitude to do what's right, and shareholder suits have a really high bar to pass to prove officers or the board were really wrong.
The idea that public corps MUST do everything possible to make a penny is a myth perpetuated by the people who run those large corps and WANT to be evil because it's the most profitable path for them.
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