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You don't need to point to social responsibility programs to show that it's falsifiable. Simply point to CEOs outrageous self-serving compensation and other pe
by baursak 9y ago
You don't need to point to social responsibility programs to show that it's falsifiable.
Simply point to CEOs outrageous self-serving compensation and other perks, and numerous conflicts between active investors and management. https://en.wikipedia.org/wiki/Proxy_fight https://en.wikipedia.org/wiki/Proxy_fight is a well known thing.
- wutbrodo 9y agoWhat are you talking about? I'm describing people who think that it's _literally impossible_ for a company as an entity to do anything but ultimately maximize shareholder value. Just because your rebuttal has the word "CEO" in it doesn't make it relevant to the conversation, and it certainly doesn't do anything to show that this phenomenon is universal (which, again, is the main and only thing we are talking about).