Technology
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.
Rules:
1: All Lemmy rules apply
2: Do not post low effort posts
3: NEVER post naziped*gore stuff
4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.
5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist
7: crypto related posts, unless essential, are disallowed
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If you own shares of a company, you literally own part of that company. To be able to sell shares of your company, you have legal obligations. By putting your shareholders capital at risk by unsafe practices, you fail to deliver on your obligations and can be held liable. Shareholders of large companies are not exclusively greedy investors. Retirement funds can also be backed by capital that is bound in stocks. If your fund holds shares that lost value due to incompetence of the company executives, it is similarly your legal obligation to take legal action in the interest of the people who paid into your fund.