lazylion_ca@lemmy.ca to Showerthoughts@lemmy.world · 3 months agoI don't want to call Twitter X out of spite, but calling the travesty that is X Twitter is an insult to the people that made Twitter what it was.message-squaremessage-square46fedilinkarrow-up133arrow-down15
arrow-up128arrow-down1message-squareI don't want to call Twitter X out of spite, but calling the travesty that is X Twitter is an insult to the people that made Twitter what it was.lazylion_ca@lemmy.ca to Showerthoughts@lemmy.world · 3 months agomessage-square46fedilink
minus-squaretylerlinkfedilinkarrow-up4·3 months agoThat’s not the case at all, though it’s very often believed to be and stated as such on here and Reddit. https://www.nytimes.com/roomfordebate/2015/04/16/what-are-corporations-obligations-to-shareholders/corporations-dont-have-to-maximize-profits https://web.archive.org/web/20240529061049/https://skeptics.stackexchange.com/questions/8146/are-u-s-companies-legally-obligated-to-maximize-profits-for-shareholders
That’s not the case at all, though it’s very often believed to be and stated as such on here and Reddit.
https://www.nytimes.com/roomfordebate/2015/04/16/what-are-corporations-obligations-to-shareholders/corporations-dont-have-to-maximize-profits
https://web.archive.org/web/20240529061049/https://skeptics.stackexchange.com/questions/8146/are-u-s-companies-legally-obligated-to-maximize-profits-for-shareholders