People Twitter

whitepeopletwitter@sh.itjust.works

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People tweeting stuff. We allow tweets from anyone.

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Mark NSFW content.
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Must be a pic of the tweet or similar. No direct links to the tweet.
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Be excellent to each other.
Provide an archived link to the tweet (or similar) being shown if it's a major celebrity, figure or any politician. You can replace the addres of .x.com to xcancel.com in the address. https://web.archive.org/save is an option. Archive.is is no longer recommended because they remove/alter content.
If a tweet (or similar) makes a statement of fact, either mark it as "satire" in the body or provide the original source link backing up the statement (see rule 6)

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"Have a duty to shareholders to maximize profits" musk is scurd. (slrpnk.net)

submitted 2 years ago by ByteOnBikes@slrpnk.net to c/whitepeopletwitter@sh.itjust.works

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[–] Auli@lemmy.ca 9 points 2 years ago (1 child)

And this is a lie. There is no law about this there is no duty for it. I mean your company is tock might not be the greatest but that is another thing.

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[–] HandwovenConsensus@lemm.ee 2 points 2 years ago

Unfortunately, that's not true. Dodge vs Ford Motor Co established the precedent of shareholder primacy when Henry Ford was successfully sued for attempting to reduce dividends in favor of reinvesting profits.

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