4 ms·
This is not my area of expertise so I could be 100% wrong, but the idea is basically you have to do what you've advertised to your shareholder that you're doing
by ta76893548 6y ago
This is not my area of expertise so I could be 100% wrong, but the idea is basically you have to do what you've advertised to your shareholder that you're doing so growth is valued in a C corp over everything else because that's what the shareholders want and expect. If you want your company to value something over money you could establish a non-profit or a B corp and that's equally acceptable, but you can't just decide one day that growth isn't the primary goal of a C corp because then you've misled your shareholders. The same way if you established a non-profit or B corp with a specific social purpose and then decided to prioritize growth over accomplishing that social purpose, that would be misleading your donors/shareholders
- kaba0 6y agoBut doing things the way in line with what is “acceptable” for your employees could be seen as a cost that should be substracted from the profits as any other cost is. I don’t see why would it be bad? We already don’t do things like working children (unfortunately we still do it in third world countries) and the like, even though it could increase margins.