2 ms·
>Usually maximizing shareholder value is not a legal obligation, but the product of the pressure that activist shareholders, stock-based compensation schemes an
by colinmhayes 6y ago
>Usually maximizing shareholder value is not a legal obligation, but the product of the pressure that activist shareholders, stock-based compensation schemes and financial markets impose on corporate directors.
Your link agrees with me. If shareholders believe decisions are being made which lead to less profits leadership will be removed.
- klyrs 6y agoYour conclusion that the "sole purpose" is profit is erroneous. See sibling comment regarding Ben & Jerry's, for example.