3 ms·
It might sound naive, but look back into the mid 20th century and companies were much more inclined to consider the overall. Including welfare of the workers, t
by NeedMoreTea 7y ago
It might sound naive, but look back into the mid 20th century and companies were much more inclined to consider the overall. Including welfare of the workers, the community, the quality of product or service offered etc rather than a blinkered focus on shareholder value.
There have been a few interesting pieces in the FT that make something of a mockery of the benefits of focus on shareholder value. Finding that it is usually of short term benefit, but longer-term detriment to the company, and ultimately shareholders.