this post was submitted on 22 Sep 2023
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Linux Gaming

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Valve Is A Wonderful Upstream Contributor To Linux & The Open-Source Community (www.phoronix.com)
submitted 1 year ago by mr_MADAFAKA@lemmy.ml to c/linux_gaming@lemmy.world
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[–] ono@lemmy.ca 3 points 1 year ago* (last edited 1 year ago)

Our system of government makes this illegal for publicly traded companies.

Whose system of government? If you mean the USA, then no, it does not.

https://www.nytimes.com/roomfordebate/2015/04/16/what-are-corporations-obligations-to-shareholders/corporations-dont-have-to-maximize-profits

https://www.washingtonpost.com/opinions/harold-meyerson-the-myth-of-maximizing-shareholder-value/2014/02/11/00cdfb14-9336-11e3-84e1-27626c5ef5fb_story.html

https://corpgov.law.harvard.edu/2012/06/26/the-shareholder-value-myth/