2 ms·
Why? Do you consider shareholders to not be smart enough to make their own decisions?
by drakonandor 10y ago
Why? Do you consider shareholders to not be smart enough to make their own decisions?
- carsongross 10y agoThat's no more relevant to the problem at hand than asking if the populace is smart enough to elect good politicians. The public choice problem, costs are diffused, benefits are concentrated, is still there. Focusing companies on paying dividends via policy choices would alleviate much of the problem.