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He is accountable to people. Those people just happen to be shareholders. And if the stock price continues to increase then what's the incentive for shareholder
by qedlab 5y ago
He is accountable to people. Those people just happen to be shareholders. And if the stock price continues to increase then what's the incentive for shareholders to ask for more accountability. All the bad news and publicity without the de-investing means that it is ultimately good news (from a shareholder perspective), thus no financial action.
- nerdkid93 5y agoZuckerberg is a minority shareholder in Facebook with majority control due to dual-class Founder's shares he possesses. The only person he's accountable to is himself.