2 ms·
Companies are made up of and run by people and the decisions made by those people are not necessarily solely profit-driven. That doesn't mean that making money
by aardshark 6y ago
Companies are made up of and run by people and the decisions made by those people are not necessarily solely profit-driven.
That doesn't mean that making money is not important to these people; of course it is. But it's not the only factor.
- catmanjan 6y agoCorporations are owned by shareholders, aren't they the ones who ultimately make decisions?
- fennecfoxen 6y agoOnly nominally. In practice you will have a board and executives and managers who are subject to the conflicts of interest inherent to the principal-agent relationship. This is a major problem of economics.