MobileRead Forums - View Single Post - What If the Copyright Act of 1909 Was Still Law?

HarryT · 01-04-2011, 12:30 PM

I don't know how it works in the US, but in the UK, the directors of a company have a legal duty to run the company "in the best interests of the shareholders". That certainly doesn't always mean maximizing profits.

01-04-2011, 12:30 PM	#48
HarryT eBook Enthusiast Posts: 85,557 Karma: 93980341 Join Date: Nov 2006 Location: UK Device: Kindle Oasis 2, iPad Pro 10.5", iPhone 6	I don't know how it works in the US, but in the UK, the directors of a company have a legal duty to run the company "in the best interests of the shareholders". That certainly doesn't always mean maximizing profits.