4 ms·

Here we go again. No, not every single decision (short-term or strategic) in a company is optimized only for $$$ at the expense of anything else. Nor should it,

by 3np 4y ago

Here we go again. No, not every single decision (short-term or strategic) in a company is optimized only for $$$ at the expense of anything else. Nor should it, nor does that need to go against the interests of shareholders, nor is there any law mandating so. Just like there exist companies who sell clothes not made in slave-like conditions even if they could legally get away with it and make more money by doing so.

Vardiak 4y ago
I have to disagree. Nowadays, limited liability companies are literally an optimization mechanism for turning profits. Believe me, if consumers were not aware and the law not enforced, there would be (are ?) companies making clothes in slave-like conditions.
- 3np 4y ago
  GP is implying that companies that don't are by definition performing poorly by missing out on the margin.
  - 3np 4y ago
    In short: My argument is that it is possible (and should be expected) to be be ethically responsible without being fiscally irresponsible. This should be obvious.