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Comment by consp

2 days ago

Can't they sue you out of control? Fiduciary duty and all?

2 comments

consp

Reply

triceratops  2 days ago

Fiduciary duty means "put the shareholders' interests above yours". Not "make the shareholders more and more money no matter what".

londons_explore  2 days ago

If you employed your cousin on a huge wage, probably yes.

But if you're just running the company 'badly' (in the shareholders eyes), probably no.

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