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mcdonjeyesterday at 7:42 PM1 replyview on HN

Seriously? If a company is publicly traded, they're legally required to prioritize shareholder value, unless they're a benefit corp or something with multiple bottom lines. I suppose you could call it values-driven to drive up the bottom line, but that's not normally what people mean.


Replies

jakelazaroffyesterday at 7:52 PM

IANAL but no, executives are not actually legally required to increase shareholder value.

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