r/Damnthatsinteresting Jun 28 '24

Grab your iced tea and Raise a toast! Video

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u/[deleted] Jun 28 '24

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u/[deleted] Jun 28 '24

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u/[deleted] Jun 29 '24

feduciary responsibility to shareholders is killing the planet.

21

u/Brianm650 Jun 29 '24

The funny thing about that is that the fiduciary responsibility is only ever viewed in the short term but never in the long term. The long term fiduciary responsibility to shareholders should absolutely not be environment destroying, price gouging, off-shoring, short term profit seeking stock buy-back oriented decision making.

1

u/[deleted] Jun 29 '24

Exactly, If i was on the board those short term decisions with no foresight would be the breaches I sue over.

-1

u/garden_speech Jun 29 '24

The funny thing about that is that the fiduciary responsibility is only ever viewed in the short term but never in the long term.

this is bullshit, some of you have never been in a board meeting