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Oh, but they do need the money. The goal of the company is to maximize profit for the shareholders.
by voidz 9y ago
Oh, but they do need the money. The goal of the company is to maximize profit for the shareholders.
- macintux 9y agoThe "maximizing shareholder value" idea is a recent and inaccurate belief. https://www.fastcompany.com/1680174/maximize-shareholder-value-not-if-we-want-responsible-companies https://www.fastcompany.com/1680174/maximize-shareholder-val...
- dajohnson89 9y agoCorporations are beholden to their shareholders. This is an obvious and undisputed fact, rather than a belief. The article you linked questioned the legal and ethical justification for this fact, not its accuracy.
- macintux 9y agoI don't think the word "fact" means what you think it means.