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In general I think companies have a duty to their shareholders to fight to stay in business until it's literally impossible to do so. As long as there are resou
by human20190310 7y ago
In general I think companies have a duty to their shareholders to fight to stay in business until it's literally impossible to do so. As long as there are resources left, those would have to be allocated to preserving the business, rather than to smoothing the process for their customers.
- visarga 7y agoIn that case the shareholders should be held responsible for leaving people stranded.
- em500 7y agoThe whole point of a limited liability company is to shield shareholders from responsibility. https://en.wikipedia.org/wiki/Limited_liability#Justification https://en.wikipedia.org/wiki/Limited_liability#Justificatio...
- visarga 7y agoThat's a catch 22. The company has a duty to its shareholders first, and shareholders are protected from responsibility.
- deleted 7y ago[deleted]