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Joined 5 个月前
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Cake day: 2026年2月25日

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  • Yes, I believe you’re interpreting that page incorrectly. Fiduciary duties are law bindings for specific relationships and situations not applicable for all publicly traded companies to all shareholders.

    I believe you’re confusing that idea with the theory of shareholder supremacy that’s a claim, popularized by the likes of Jack Welch to support their actions.

    The background comes from Dodge v. Ford Motor Co. in 1919 which stated

    There should be no confusion… A business corporation is organized and carried on primarily for the profit of the stockholders.

    and the interpretation has been quite debated.