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Comment by burnte

2 days 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.