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My second expectation is that I expect companies not to have "deliver maximum value to its shareholders" as its fundamental value or guiding principle (Unsure
by alkonaut 6y ago
My second expectation is that I expect companies not to have "deliver maximum value to its shareholders" as its fundamental value or guiding principle (Unsure if that's what you were alluding to here). That is: I basically expect companies to leave huge amounts of (their investors') money on the table when it goes against the ethical/moral compass of a vocal minority of its users, owners, or employees.
- vmception 6y agoI wasn’t directly alluding to that, more so something like access to a market is more important and maintaining a relationship with the governing gatekeepers of that market is the priority, until the governing body says they cant do an increasing level of business in that government’s markets, thats when the corporation will consider to exit the market entirely If you want that to be “shareholder value” then sure, but I’m saying corporations don't have strong opinions on anything except antitrust and employees telling them what to do. It is much more predictable along these lines instead of imagining any other abstract expectation of corporations and being surprised over and over again for your whole life.