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that a profit seeking entity will somehow pay "social dividends" at the expense of profits. Yes, but enough about those other greedy companies, what about Bosc
by mikestew 8y ago
that a profit seeking entity will somehow pay "social dividends" at the expense of profits.
Yes, but enough about those other greedy companies, what about Bosch?
"...nearly all of the profits distributed to shareholders are devoted to humanitarian causes." [0]
[0] https://en.wikipedia.org/wiki/Robert_Bosch_GmbH#Corporate_affairs https://en.wikipedia.org/wiki/Robert_Bosch_GmbH#Corporate_af...
- perfunctory 8y agoThat's not to say that management is not incentivised to optimise for profit.