Seven Stories That Will Make You Think
August 5, 2014
Inversions and Phantom Fiduciary Duties – PracticeLaw.com That argument that big CEOs make to justify moving their company nationalities overseas in order to satisfy their fiduciary duty to minimize taxes? Yeah, that’s bullshit. CEOs and Boards also have no fiduciary duty to maximize profits, particularly short term profits. CEOs and Boards have a…