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> CEO & Board are legally obligated to act in their fiduciary interest. Short or long term? Because shitting on democracy for money is potentially very damagin
by deltron3030 5y ago
> CEO & Board are legally obligated to act in their fiduciary interest.
Short or long term? Because shitting on democracy for money is potentially very damaging for brands in the long term, the market and especially future comptetitors will remember it.
- Dah00n 5y agoI doubt that is true. The loss in the US versus all the money made in Russia and China? A drop in a sea of money. Also not everyone, especially outside the US, sees this as Democracy Vs. Bad regimes. Many see the US and China as equally bad so doing the US' bidding is no better than doing China's.
- wwtrv 5y agoIs it? I’d love to believe you, but I doubt it’s the case. Almost every public company that had something to lose would act the same way under these circumstances..
- deltron3030 5y agoSomething to lose right now, but potentially a lot to gain in post smartphone markets, where trust becomes even more important as technology merges more and more with the human body. Brand trust is going to be much more important than it is right now.
- Closi 5y ago> Short or long term? Because shitting on democracy for money is potentially very damaging for brands in the long term, the market and especially future comptetitors will remember it. In a perfect world this would be the case. In the real world, their competitors won't exit these markets and will grow to fill the space left by them. This means that their competitors will grow which is probably more of a competitive threat to them in the long term. i.e. if Google leaves China, the main impact to them would be the rise of TOS+ and the loss of their small market-share in China to Baidu. This would also be playing directly into the chinese government's hands who have a strong foothold on Baidu and Tencent.