Dot. to World [email protected]English • 27 days agoNetflix Wiped Most of Its “Palestinian Stories” Collection — and Erased the Whole Thing in Israel.theintercept.commessage-square59fedilinkarrow-up1616cross-posted to: [email protected]
arrow-up1616external-linkNetflix Wiped Most of Its “Palestinian Stories” Collection — and Erased the Whole Thing in Israel.theintercept.comDot. to World [email protected]English • 27 days agomessage-square59fedilinkcross-posted to: [email protected]
minus-square@[email protected]linkfedilinkEnglish11•27 days agoYes they actually do. Look up Dodge v. Ford Motor Company. A business must be run in the interests of the shareholders, not the public, not the employees, not even the business itself. Is it morally right? Fuck no. Is it the law? Unfortunately yes.
minus-square@[email protected]linkfedilinkEnglish11•27 days agoGrobow v. Perot, 539 A.2d 180 (Del. 1988). Directors in a business should: act in good faith; act in the best interests of the corporation; act on an informed basis; not be wasteful; not involve self-interest (duty of loyalty concept plays a role here).
minus-square@[email protected]linkfedilinkEnglish3•27 days agoFair point, I was unaware of this case.
Yes they actually do. Look up Dodge v. Ford Motor Company. A business must be run in the interests of the shareholders, not the public, not the employees, not even the business itself.
Is it morally right? Fuck no. Is it the law? Unfortunately yes.
Grobow v. Perot, 539 A.2d 180 (Del. 1988).
Directors in a business should:
Fair point, I was unaware of this case.