• gandalf_der_12te@discuss.tchncs.de
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    4 days ago

    the way i understand it, the company has an obligation to fulfill “shareholder’s requests”, which is maximizing profits in 99% of cases, at least on publicly traded companies.

    • ThirdConsul@lemmy.ml
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      4 days ago

      Same document, section about Shareholders.

      There’s no such thing. There COULD be something like shareholders voting on smthing and those votes are binding, but the agenda is declared by the company and can be only shiet like dividends rate, certain acquisitions, etc. Not the company strategy itself.