5 ms·
It feels an awful lot like the people putting out this statement want to position themselves as the actual driving force behind the focus on shareholder value i
by amw 7y ago
It feels an awful lot like the people putting out this statement want to position themselves as the actual driving force behind the focus on shareholder value in the 80s, and thus use that branding to also posit an authority to change future corporate governance in a way that accommodates the current political climate. It's absurd to think that they would have that kind of power, but that aspect of it is probably harmless in the long run; I think the bigger concern is how this statement can be used and incorporated as a bigger vision for governance that appears to address fundamental problems with the way our economy is run without actually addressing them, much the way a focus on plastic straws lets people feel like they're addressing ocean plastic without actually addressing it.