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> shareholder value is the root of the modern trend of devaluing people and treating them as line items in an expense report. Private companies also use accoun
by isoskeles 7y ago
> shareholder value is the root of the modern trend of devaluing people and treating them as line items in an expense report.
Private companies also use accounting and sometimes do not look out for their employees.
This isn't to nitpick, I just think there are other parts of the problem, not just shareholder value.
Although, yes, there might be additional pressure from shareholders when a company's finances are public, I don't see how it could be the root of the problem when the same thing happens in private businesses.