When a company pays for training and education of an employee, they risk that the employee jumps ship and takes that investment with her. Contractually, you could use bonds or contract penalties to curb that kind of behaviour, but there are limitations on what contract terms are enforceable or even legal.
If it's a publicly traded company then literally yes, public companies are mandated to make as much money for their investors as possible.
It's a very stupid law but there it is.
Where is this law? Public companies (or rather their management) has fiduciary duties to shareholders. And is usually safe for management to mostly assume that means making money.
But eg no one has sued Google management for giving company resources to charity. And in general, companies can have all kinds of goals, as long as shareholders are ok with them.
Huh? What does that have to do with anything?
When a company pays for training and education of an employee, they risk that the employee jumps ship and takes that investment with her. Contractually, you could use bonds or contract penalties to curb that kind of behaviour, but there are limitations on what contract terms are enforceable or even legal.
If it's a publicly traded company then literally yes, public companies are mandated to make as much money for their investors as possible. It's a very stupid law but there it is.
Where is this law? Public companies (or rather their management) has fiduciary duties to shareholders. And is usually safe for management to mostly assume that means making money.
But eg no one has sued Google management for giving company resources to charity. And in general, companies can have all kinds of goals, as long as shareholders are ok with them.