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Do corporate officers and directors have a duty to manage the corporation for the purpose of maximising profits for the benefit of shareholders or stakeholders?

Do corporate officers and directors have a duty to manage the corporation for the purpose of maximising profits for the benefit of shareholders or stakeholders? Discuss with reference to the US case of Dodge v. Ford.


explore the shareholder-stakeholder debate at length


Australian Law

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In both the United States and Australia corporate officers and directors owe fiduciary duties to the corporation and its shareholders However the question of whether these duties require them to prior... blur-text-image

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