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Indeed they are compelled to maximise profit (the business leadership), else the shareholders will replace them. In fact I believe there’s even a US law to this
by Synaesthesia 6y ago
Indeed they are compelled to maximise profit (the business leadership), else the shareholders will replace them. In fact I believe there’s even a US law to this effect.
- Hamuko 6y ago>In fact I believe there’s even a US law to this effect. No law in the United States of America compels businesses and their leaderships to maximise profit for shareholders.
- deleted 6y ago[deleted]
- intopieces 6y agoI used to think this too, primarily because I read Cryptonomicon and it states as much. But it’s simply a myth, and one that I wish would die.