HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
A publicly held company is fundamentally and legally different than a church:
Officers act as agents. They act on behalf of the corporation, and they also owe a fiduciary duty to the shareholders of the corporation. Like directors, corporate officers must discharge their duties in what they believe in good faith to be in the best interest of the corporation. They also owe a duty to act with the care that a reasonably prudent person would if put in a similar situation. The corporation’s bylaws -- rules that govern the corporation -- provide for the appointment of certain officers. Corporations typically have a president and a treasurer, or secretary-treasurer, but the bylaws may allow the directors to appoint other officers as well.
*the duty of loyalty therefore mandates that directors maximize the value of the corporation over the long-term [sic] for the benefit of the providers of equity capital, as warranted for an entity with perpetual life in which the residual claimants have locked in their investment.
Netflix CEO had donated to 73 Missouri Republicans that voted to ban abortion. May 31, 06:42
No different than churches that feel their position entitles them to push their views on others. {nm} May 31, 07:55
A publicly held company is fundamentally and legally different than a church: May 31, 10:55
I see someone has taken up Roto's mantle as "Captain Obvious" who googles for wiki definitions. {nm} May 31, 11:02
If its obvious companies are different than churches, why did you say "its no different than churches"? {nm} May 31, 12:17
"that feel their position entitles them to push their views on others." {nm} May 31, 12:28
checkmate libs {nm} May 31, 09:21