Quote:
Originally Posted by HarryT
I’m referring to the legal obligations that apply to any company, John. If you own shares in a company and you feel that the board of directors of that company isn’t acting in your best interests, you can take them to court.
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Exactly. They have to act according to shareholders, it isn't that companies "have" to "maximize profits"; unless you mean that they have to maximize profits given the guidelines set out by the shareholders.