Skip to content
Better HN
Top
New
Best
Ask
Show
Jobs
Search
⌘K
undefined | Better HN
0 points
visarga
6y ago
0 comments
Share
In that case the shareholders should be held responsible for leaving people stranded.
0 comments
default
newest
oldest
em500
6y ago
The whole point of a limited liability company is to shield shareholders from responsibility.
https://en.wikipedia.org/wiki/Limited_liability#Justificatio...
visarga
OP
6y ago
That's a catch 22. The company has a duty to its shareholders first, and shareholders are protected from responsibility.
j
/
k
navigate · click thread line to collapse