Comment by deaux

2 hours ago

No , you're spreading misinformation [0]. The company's board does not have a legal obligation to "act in the interest of stockholders regardless of moral impact" in any meaningful manner. Anything, including "positive moral impact", can be spun as being in the interest of shareholders. What you're implying is a legal duty towards short-term profit maximization. Absolutely nothing of the sort exists.

[0] https://news.ycombinator.com/item?id=48975048

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deaux

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