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Who do you think the shareholders are? One unified group of cartoonishly evil mustache-twirling villains? I'd be very pissed off if dividends or bond yields fr
by maccolgan 5y ago
Who do you think the shareholders are? One unified group of cartoonishly evil mustache-twirling villains?
I'd be very pissed off if dividends or bond yields from across the industry dropped 50% overnight.
Of the largest shareholders of major corporations are mutual funds, pension funds and such that fund people who are completely dependent on investment income to live. A policy that causes a 50% change in profits would be a massive shock to those people.