This article seems to suggest that the original purpose of the "shareholder rights" laws was something else. http://www.forbes.com/sites/stevedenning/2011/11/28/maximizing-shareholder-value-the-dumbest-idea-in-the-world/
Surely there would be other ways to make pillaging a company illegal unless you owned a controlling share of the company?
![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
timeasmymeasure
no subject
Date: 2012-10-23 02:30 am (UTC)Surely there would be other ways to make pillaging a company illegal unless you owned a controlling share of the company?