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What are you trying to say? Public companies are going to be priced on the open market based on their growth prospects relative to other companies. Their manag
by Nevermark 5y ago
What are you trying to say?
Public companies are going to be priced on the open market based on their growth prospects relative to other companies. Their management chosen to maximize their growth prospects.
I think it is a fair point to say that "good" companies may choose to maintain the wind of customer satisfaction, goodwill and trust at their back by not doing predatory "bad" things.
But saying public corporations are not going to maximize returns is like saying mother bears are not going to protect their cubs. If that was possible within their nature, they wouldn't exist.