“Dodge v. Ford still stands for the legal principal that managers and directors have a legal duty to put the shareholders' interests above all others and no legal authority to serve any other interests - what has come to be known as "the best interests of the corporation" principal.” StillsInterestKnownDutyDirectorsAuthorityManagersCorporationsPrincipalShareholdersDodge Book:The Corporation: The Pathological Pursuit of Profit and Power Source: The Corporation: The Pathological Pursuit of Profit and Power
“The corporation was originally conceived as a public institution whose purpose was to serve national interests and advance the public good.” PurposeInterestInstitutionsCorporationsPublic GoodNational Interests Book:The Corporation: The Pathological Pursuit of Profit and Power Source: The Corporation: The Pathological Pursuit of Profit and Power