The same obligation as any company has, to maximize shareholder value. If they fail to do that eventually they'll be unable to sell new issues and the company will go bust.
Tom C wrote: >Actually what obligation do they have to their shareholders? If share price >drops, you don't see board members ponying up the difference to the >shareholders out of their own pockets... > > > >Tom C. > > > >----Original Message Follows---- >From: "Shel Belinkoff" <[EMAIL PROTECTED]> >Reply-To: Pentax-Discuss Mail List <[email protected]> >To: "Pentax-Discuss Mail List" <[email protected]> >Subject: Re: The JCO survey >Date: Fri, 20 Oct 2006 09:23:33 -0700 > >I'd disagree with that. They have an obligation to their customer base to >put out a good, solid, useable product, and stand behind it with service >and parts availability, and perhaps even upgrades and improvements over >time, such as firmware upgrades as they've been doing. > >Shel > > > > > [Original Message] > > From: William Robb > > > ----- Original Message ----- > > From: "David Savage" > > Subject: Re: The JCO survey > > > > > > > > > > > > Well in that case Pentax definitely have no obligation to him. > > > > They don't have an obligation to anyone other than their shareholders. > > > >-- >PDML Pentax-Discuss Mail List >[email protected] >http://pdml.net/mailman/listinfo/pdml_pdml.net > > > > > -- Things should be made as simple as possible -- but no simpler. --Albert Einstein -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
