CHAPTER 20STOCKHOLDERS AGREEMENTS
This country owes everything to theindividual investor. We all share the indebtedness.
—Unknown
Directly or indirectly, we all share in owning the economy through our participation in it. Have you ever thought about the responsibility a corporate organization has to its stockholders? There are certain duties required by law. Generally the most important one is the responsibility to maximize profits. For a growing number of organizations, this responsibility is juxtaposed against some unknown, amorphous, and unarticulated level of “corporate social responsibility.” Under traditional analysis, these values have been considered adversarial (it’s one or the other—one is good, the other is bad). Greed versus ...
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