• LesserAbe@lemmy.world
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    6 months ago

    You’re right they have a fiduciary duty. I think what the other commenter was saying is that the interpretation of that duty can be twisted into all kinds of shapes. If someone believed in pro social ideas they could make the case that treating workers with respect and growing sustainably is the best way to continue making money. That a shareholder would demand other crueler or more short-sighted policies doesn’t mean a legal requirement.