I know the board has some fiduciary duty, but can a company put some guardrails on it when they go public, like saying the environment will always come first, or employees or customers or something?
I know the board has some fiduciary duty, but can a company put some guardrails on it when they go public, like saying the environment will always come first, or employees or customers or something?
No. They can be sued for the opposite too. Generally it’s about misleading the shareholders. You can argue that it’s about money in the end because who will buy planes that fall out of the sky?
That lawsuit isn’t about Boeing prioritizing profit, it’s about mismanagement tanking their investments in the long term. Also lying.