On: How Chinese Officials Hijacked My Company

[secondcoming]

Aren't CEO's kind of legally obliged to maximise shareholder value, so they have to do the deal with the devil?

[jacquesm → secondcoming]

Why do we see this thing over-and-over-and-over again? It isn't true. It never was. Stop repeating it.

[ta17711771 → jacquesm]

Comforting to some.

[rbecker → secondcoming]

A common misconception.

“Modern corporate law does not require for-profit corporations to pursue profit at the expense of everything else, and many do not.”: https://www.nytimes.com/roomfordebate/2015/04/16/what-are-co...

[tbihl → secondcoming]

No. They are to act in the best interest of the corporation/shareholders, which with increasing clarity means not getting in bed with Chinese organizations (assuming your foresight extends beyond the end of your nose.)

[secondcoming → tbihl]

hindsight is great!