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> American companies aren't slaves to a government "master" They are slaves to their shareholders.
by catacombs 7y ago
> American companies aren't slaves to a government "master"
They are slaves to their shareholders.
- Calamity 7y agoI think there is a good chapter from "Business Adventures" where it talks about and describes some typical annual shareholder meetings - from the book, it seemed essentially to be lip service by the company. Your average shareholder doesn't have a say. It would be more precise to say "large controlling interests" and by extension "board of directors"