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Their duty to the stockholders is to do what's in the best interest of the company. It's not a breach of duty for a company to forego short-term profits if, in
by jarrett 16y ago
Their duty to the stockholders is to do what's in the best interest of the company. It's not a breach of duty for a company to forego short-term profits if, in the management's judgement, those short-term profits can only be had by damaging the company's long-term prospects.
Google stands to make the most money in the long run by being the preferred search engine for the most people. Right now, they are. But that could change if another search engine can convince people they deliver results with less spam.
- nervechannel 16y ago> Google stands to make the most money in the long run by being the preferred search engine for the most people. Not necessarily -- if other search engines drive people to pages full of Google ads, Google still get paid, right?
- brudgers 16y agoYou are assuming that balancing "ad spam" with utility is something new. One only needs to consider how long Google's search results have been tailored to the local from which they originate to get a sense of how long Google may have been adjusting results.