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> Increasing share-holder value is a nice side-effect at most. Rubbish, the board works for its shareholders who wants ROI on their investment. Who do you thin
by mythz 11y ago
> Increasing share-holder value is a nice side-effect at most.
Rubbish, the board works for its shareholders who wants ROI on their investment. Who do you think is forcing their expenses / 15% workforce cut? and putting pressure on Marissa to waste her time/focus on re-structuring Yahoo to maximize their Alibaba investment? Shareholders are the primary benefactors.
- gerbilly 11y ago> Rubbish, the board works for its shareholders who wants ROI on their investment. Sure, but honestly most shareholders would prefer not to take a share of the profits. Dividends are so passé. Today's modern investor wants growth, and the easiest way to get growth, without all the hard work , is to find another investor willing to believe in your portrayal of the value of the stock you hold[1], and to convince them to buy it from you. [1] https://en.wikipedia.org/wiki/Greater_fool_theory https://en.wikipedia.org/wiki/Greater_fool_theory