Stocks are valued primarily on future earnings potential. This Act would significantly dilute the shareholder control by mandating 40% employee elected director

Stocks are valued primarily on future earnings potential. This Act would significantly dilute the shareholder control by mandating 40% employee elected directors, and mandating they consider the interests of employees, customers, and communities in all decisions. Imagine you have a factory in the Midwest hemorrhaging cash (or even just break even) but other profitable locations. Right now, you'd most likely shut it down and consolidate, move, or outsource that work. Your ability to do so is impeded under this act, by employee elected directors and/or activist investors. The result is less profit potential. Knowing that every company has to make these type of decisions (including benefits), their earning potential is reduced, and their valuations will tumble due to it.