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Maximizing shareholder value is NOT a company's primary purpose. Stop spreading this lie. And even if it were, there are many ways to do that. And many of them
by st3v3r 11y ago
Maximizing shareholder value is NOT a company's primary purpose. Stop spreading this lie.
And even if it were, there are many ways to do that. And many of them do not involve short-sightedness with respect to the business.
If you're unhappy with how the business is being run, then sell your shares and get out. Quit bitching that they're not sacrificing the long term to give you an additional point.
- mythz 11y agoNo that's not how it works, if shareholders are unhappy (the ones that are still left) will just elect a new CEO and replace board members who they have more confidence in being able to meet their objectives. Yahoo as a company wants to attract investment, they'll never say for any Shareholders who want it to make money should get out - they're the ones who work for Shareholders not the other way round. Telling Shareholders and potential investors "we're not here to increase revenue/profits" so GTFO - will get investors to do exactly that, further decreasing the value of the company.
- forgetsusername 11y ago>Maximizing shareholder value is NOT a company's primary purpose. Stop spreading this lie. The lie is when people say a corporation's purpose is to maximize profit, which it isn't. The purpose of the corporation is to maximize the value to ownership, be that monetary or some other measure.