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Profit isn't a sin, and if you want shareholders to do something for you, why do you think they will want to do it if there is nothing in it for them?

• vxNsr 4y ago
  No one is asking shareholders to do anything… We’re having the government give the company money for a joint venture. If the company uses it wisely in the way they promise they would, everyone, including the shareholders benefit. If the company cynically takes the money, intentionally fails to uphold their side of the contract, and then rebuffs attempts by the government to reclaim the money, while that might be in the interest of the shareholders they haven’t actually done anything there and don’t deserve to benefit. In fact they should be punished (along with the executives) for being unethical.
  • jdasdf 4y ago
    >No one is asking shareholders to do anything… We’re having the government give the company money for a joint venture. If the company uses it wisely in the way they promise they would, everyone, including the shareholders benefit. The company belongs to the shareholders, that's what being a shareholder means. Let me quote you: >The sane way to do this would have been to give the handouts on condition of no stock buybacks for 10 years and cap total exec compensation for similar amount of time for any company that accepts the handouts. >This should be true for any company that accepts gov money. >The gov doesn't give money to benefit the stockholders, they’re doing it to benefit the larger economy and country. Stock holder shouldn’t even be considered as beneficiaries in these deals. You'll note that not a single word in that post said anything about the company not holding up its end of the bargain. And indeed you made no mention as to why "stock buybacks" or "total exec compensation" would prevent the company from holding up its end. Let's be clear here about what you're doing, you're so focused on hurting shareholders, you don't even care if the results you get are compatible with what you state you want.