"The corporation can spend money on whatever the hell. That's why they set it up... | Hacker News

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		viro on Aug 12, 2020 \| parent \| context \| favorite \| on: Mozilla Lifeboat "The corporation can spend money on whatever the hell. That's why they set it up." oh that is not true at all ... fiduciary duty doesn't work like that.

maxerickson on Aug 12, 2020 [–]

There's no need to be so literal.

And conveniently, the people directing the Corp are the ones setting the agenda for the org (which that agenda is the thing the Corp has a fiduciary duty towards...).

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