On Tue, 2005-02-01 at 21:49 +1300, Christopher Sawtell wrote:
> Remember that in the US company directors are legally liable if they
> fail to 
> produce the maximum return possible on shareholder funds.

thats commerce for you. the leading cases in this area centre around
whether said directors are allowed to benefit at the expense of the
company (ie in this case the shareholders). If such rules did not exist
comanies could and would be run for the directors.



-- 
Nick Rout <[EMAIL PROTECTED]>

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