28th February 2008, 2:49 PM
The purpose of the corporation is to maximize shareholder wealth. Sure, you can bring ethical arguments and such, but that is the one, core value of every corporation. If Activision's directors, for whatever reason, took a bad deal that hurt a lot of their investors, then the investors have a right to do something about it.
Now, I don't know that suing is the right course of action, but depending on the facts of the situation, it's not necessarily a wrong course of action. The corporation is using YOUR money and, to some extent, they have an obligation to use it in a manner that benefits YOU.
Now, I don't know that suing is the right course of action, but depending on the facts of the situation, it's not necessarily a wrong course of action. The corporation is using YOUR money and, to some extent, they have an obligation to use it in a manner that benefits YOU.
Sometimes you get the scorpion.