Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
dilemma
on March 13, 2016
|
parent
|
context
|
favorite
| on:
Is Passive Investment Actively Hurting the Economy...
The much hated, not much understood, legal obligation for CEOs to always act in the interest of shareholders comes as a result of just the situation you describe.
It's called the Principal-Agent problem IIRC.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
It's called the Principal-Agent problem IIRC.