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Re: [tlug] (off-topic) Unlimited data plan (mobile internet access) in Japan



On Thu, Sep 04, 2014 at 08:57:13AM +0900, Stephen J. Turnbull wrote:
> Darren Cook writes:
> 
>  > >> the big companies won't go there (because, of course, they are
>  > >> legally obliged to make a profit for their shareholders). [..]
>  > > 
>  > > Does it mean that is in the law?
> 
> Fiduciary responsibility is.
> 
> That is, executives are legally responsible agents of the
> stockholders, and they are legally required to act in the interest of
> the stockholders.[1]  Under U.S. law, summary (as in "execution")
> termination in the event of malfeasance (deliberately using your
> stockholders' money in ways you know are not in their interest) is
> normal, you lose your golden parachute.  It's possible you will go to
> jail.

Thanks, did not think of these lines of argumentation.

Would be helpful to make goverment employees accountable for
things they do against the people.. in a way people should do
that with voting, but they tend to forget fast.

cheers,
Chris


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