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Gordon Gekko, in the original Wallstreet said greed is good for all stakeholder interests because it eliminates wastes. Shareholder vs. Stakeholder (employees,
by Bertrood 16y ago
Gordon Gekko, in the original Wallstreet said greed is good for all stakeholder interests because it eliminates wastes.
Shareholder vs. Stakeholder (employees, customers, community,and investors as opposed to just investors) is an important consideration for CEOs. Wallstreet makes it difficult for companies to plan longterm, and many companies speak of the importance of the CUSTOMER (and the community), but mean INVESTOR.
CEO Entreprenuers get the chance to choose for themselves, stakeholders vs just shareholders. The work of some German companies over the last two decades is an encouraging example.