3 ms·

Does being public necessarily lead to wrong incentivizes?

• pjc50 5y ago
  It leads to only one incentive: maximize the stock price. Everything else, good and bad, flows from there.
  • mgh2 5y ago
    Depends 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 ago
      In 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.