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https://en.m.wikipedia.org/wiki/Robert_Bosch_GmbH https://en.m.wikipedia.org/wiki/Robert_Bosch_GmbH
by brisance 8y ago
https://en.m.wikipedia.org/wiki/Robert_Bosch_GmbH https://en.m.wikipedia.org/wiki/Robert_Bosch_GmbH
- yorwba 8y agoI guess you want to highlight that the company is owned mostly by a charitable foundation ( https://en.wikipedia.org/wiki/Robert_Bosch_GmbH#Corporate_affairs https://en.wikipedia.org/wiki/Robert_Bosch_GmbH#Corporate_af... ), but I think it's important to realize that the company itself still operates as a profit maximizer for its shareholders. You only need to scroll down to the section about their involvement in the Volkswagen emissions scandal for proof of that.
- brisance 8y agoWhile one of Bosch’s units was involved in dieselgate, on the whole their business has been for the betterment of humanity. The point is that a company doesn’t have to always “maximize profits”. Tim Cook famously told a shareholder to “get out of the stock” if that was how he assessed his portfolio. https://www.independent.co.uk/life-style/gadgets-and-tech/news/apples-tim-cook-business-isn-t-just-about-making-a-profit-9163931.html https://www.independent.co.uk/life-style/gadgets-and-tech/ne...