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I would never allow myself to trust in a publicly traded company to uphold any values.
by erhk 5y ago
I would never allow myself to trust in a publicly traded company to uphold any values.
- mgh2 5y agoDoes being public necessarily lead to wrong incentivizes?
- pjc50 5y agoIt leads to only one incentive: maximize the stock price. Everything else, good and bad, flows from there.
- mgh2 5y agoDepends on how they do it, that is the point. If a company chooses to rise its stock price by buybacks, shady business practices (SPACs, ads) and covering with PR, or investing in R&D to create real value.
- asdff 5y agoIn a world where not being evil is considered "leaving money on the table," I have little faith that there are many that don't resort to these practices.
- rodgerd 5y agoThe Values of the Carphone Warehouse: https://www.youtube.com/watch?v=W2firijxQOo https://www.youtube.com/watch?v=W2firijxQOo