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> But once a company is public, then maximising profit is really the only goal. You may want to research the growing trend of measuring companies against their
by cromka 5y ago
> But once a company is public, then maximising profit is really the only goal.
You may want to research the growing trend of measuring companies against their impact, sustainability, etc., as well as increasingly popular indices that track companies based on that.
- colinmhayes 5y agoAll of these measures are just trying to instrument on long term profitability. The idea being that sustainable companies are less likely to be abandoned in the future.
- cromka 5y agoThe point was made as to what Apple currently maximizes for, and explained as "no matter anything else, like profit first , honesty later". This is what we're arguing about. Long term profitability that involves thinking ahead of time of what would become unsustainable is, logically, speaking not maximizing for profit NOW. Honesty (ethics in business) will become increasingly important for the next generations. The current generations, however, don't care that much just yet.