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Browse: Home / KNOWLEDGE / Law

What law requires corporations to put profit above other motivations?

Max S: What law requires corporations to put profit above other motivations?
I’ve heard from multiple sources that corporations are required to put profit above other interests. Is this true? If so, under what law or standard?

Answers and Views:

Answer by lunatic
Corporations that do not do everything in their power to maximize return for their stockholders go out of business very quickly. There is no law. There is only the reality of capitalism.

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