Can't they sue you out of control? Fiduciary duty and all? | Hacker News

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		consp 21 days ago \| parent \| context \| favorite \| on: Valve reveals it’s the architect behind a push to ... Can't they sue you out of control? Fiduciary duty and all?

triceratops 21 days ago | [–]

Fiduciary duty means "put the shareholders' interests above yours". Not "make the shareholders more and more money no matter what".

londons_explore 21 days ago | [–]

If you employed your cousin on a huge wage, probably yes.

But if you're just running the company 'badly' (in the shareholders eyes), probably no.

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