This is a myth often used to justify unpopular decisions. The board has a respon...

Hermel on July 17, 2014 | parent | context | favorite | on: Large Round of Layoffs Expected at Microsoft

This is a myth often used to justify unpopular decisions. The board has a responsibility to guide the company in accordance with the articles, but the shareholders are free to define the articles. If they think redistributing profits to employees is a good idea, they are free to do so.