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As long as a business' primary responsibility is to shareholders rather than, say, the local community, the consumer or the environment then that won't change.
by Arn_Thor 7y ago
As long as a business' primary responsibility is to shareholders rather than, say, the local community, the consumer or the environment then that won't change. Investors are a big part of it, yes, as they demand quick returns today rather than steady returns years from now.. but the fundamental problem is that investors' demands set the pace because of the structure of the structure of the entire economy
- SamReidHughes 7y agoIt's more basic than that. Businesses can't operate if they run out of money.
- RaiseProfits 7y agoIt’s also a hell of a lot more complicated than that. Investing is only one income source, and companies like Amazon and Walmart are counter examples to my own reduction. I think there are cultural elements at play here on why more companies don’t take a longer views and investors/certain business schools are an obvious place to look.