Dot.@feddit.org to World News@lemmy.worldEnglish · 2 months agoNetflix Wiped Most of Its “Palestinian Stories” Collection — and Erased the Whole Thing in Israel.theintercept.comexternal-linkmessage-square59fedilinkarrow-up1622arrow-down125
arrow-up1597arrow-down1external-linkNetflix Wiped Most of Its “Palestinian Stories” Collection — and Erased the Whole Thing in Israel.theintercept.comDot.@feddit.org to World News@lemmy.worldEnglish · 2 months agomessage-square59fedilink
minus-squareGlytch@lemmy.worldlinkfedilinkEnglisharrow-up11arrow-down3·2 months 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-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkEnglisharrow-up11·2 months 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-squareGlytch@lemmy.worldlinkfedilinkEnglisharrow-up3·2 months 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.