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> Maybe he even cares as a human being (if he doesn't -> psychopath), but with his CEO hat on he certainly does not. Aren't CEOs and managers even trained to t
by Chaebixi 9y ago
> Maybe he even cares as a human being (if he doesn't -> psychopath), but with his CEO hat on he certainly does not.
Aren't CEOs and managers even trained to think that way in business school? For instance the "shareholder value maximization" idea, which teaches the sole responsibility of a corporation is to make the most money it can for its shareholders, and damn everything else.
That's a problem the Chinese have managed to avoid, even if it's been in a corrupt way. It seems like they make the local companies prioritize the policy objectives of the authoritarian government ahead of absolutely maximizing the profit interests of their shareholders.
https://en.wikipedia.org/wiki/Shareholder_value https://en.wikipedia.org/wiki/Shareholder_value