Dodge v. Ford Motor Company, 204 Mich. 459, 170 N.W. 668. (Mich. 1919), is a case in which the Michigan Supreme Court held that Henry Ford owed a duty to the shareholders of the Ford Motor Company to operate his business to profit his shareholders, rather than the community as a whole or employees. It is often cited as embodying the principle of "shareholder value" in companies.
For a more recent case, see AP Smith Manufacturing Co v. Barlow 39 ALR 2d 1179 (1953) or Shlensky v. Wrigley, 237 NE 2d 776 (1968) It has not been overruled.
Read more about Dodge V. Ford Motor Company: Facts, Judgment, Significance
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