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No. A CEO’s job is to provide value to shareholders. This doesn’t mean short terms profits at any cost.
by barney54 5y ago
No. A CEO’s job is to provide value to shareholders. This doesn’t mean short terms profits at any cost.
- 2OEH8eoCRo0 5y agoProvide value to shareholders or work in the best interest of shareholders? I always took it as: don't enrich yourself to the detriment of shareholders.
- p_l 5y agoFiduciary duty is more about "do honest work and don't steal from stakeholders". Nowhere does it state that the gambling bet (publicly listed company) has to optimize for returns of the gamblers (shareholders).