Another bad idea from the University of Chicago: It is commonly believed that directors’ primary responsibility is to boost stock prices. But case law established that their top priority is to benefit the company – which doesn’t always mean a higher stock price, Lynn Stout of Cornell Law School tells David Cay Johnston. (July 17, 2012)

 

Category: Really, really bad calls, Video

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

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