5 ms·

There is still a fiduciary duty even for private companies

• bombcar 3y ago
  Private companies often have so few shareholders that you can simply talk to all of them, together.
• over_bridge 3y ago
  That fiduciary duty needs to die/ be reimagined. It's turned corporations into one dimensional money makers. Profit at any cost. You should make money in order to achieve your goals, not just to set the high score for making money. It's way too easy for hostile shareholders to force companies to do things that the workers, even CEO level workers, don't want to do.