In 1919, Ford wanted to use extra profits to raise employee wages and employ more people. (((Dodge))) sued them, saying a corporation's only responsibility is to increase shareholder value. This set the precedent for current US corporate law. [828x1013 - 135KB] | Poal: Say what you want.

Welcome • User Guide
ToS • Privacy • Canary
Donate • Bugs • License

©2024 Poal.co

819

• (+17/-0)

In 1919, Ford wanted to use extra profits to raise employee wages and employ more people. (((Dodge))) sued them, saying a corporation's only responsibility is to increase shareholder value. This set the precedent for current US corporate law. [828x1013 - 135KB] (pic8.co)

https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.

https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.

You are currently inside a comment thread.

Click here to see all the comments (4).

[–] • 3 pts

Star of Remphan.

parent
link