3 ms·
There is being prudent and then there is being negligent - I think people conflate them. I don't think there is any publicly traded company that does not care a
by ailideex 7y ago
There is being prudent and then there is being negligent - I think people conflate them. I don't think there is any publicly traded company that does not care about profit - Boeing is not somehow unique in this. If the profit is competently pursued then you won't jeopardise safety beyond a certain point though - because that will in the long term impact profits and shareholders who appoint execs are not benefited by reduction in long term profits and therefore the value of the company.
- formercoder 7y agoQuite the contrary, they are bound by fiduciary duty. Short term profits for long term disaster breaches that responsibility.