Didn’t know about that idea but “The Act […] would give directors a duty of ‘creating a general public benefit’ with regard to a corporation’s stakeholders, including shareholders, employees, and the environment, and the interests of the enterprise in the long-term” yeah that’s not passing any vote
This is a fundamental problem with all industries. Management rarely has any idea what their industry is about and are just there to make numbers go up no matter what by pushing buttons/people.
Didn’t know about that idea but “The Act […] would give directors a duty of ‘creating a general public benefit’ with regard to a corporation’s stakeholders, including shareholders, employees, and the environment, and the interests of the enterprise in the long-term” yeah that’s not passing any vote