Caring about PR is in the interest of shareholders. If companies had to always maximize short term profits there would be very few companies around. wrt share

Caring about PR is in the interest of shareholders. If companies had to always maximize short term profits there would be very few companies around. wrt shareholders for public companies they have a duty not to defraud them[0]; for everything else they are another stakeholder between employees, the public, the company itself as an institution, and other. [0] For example how Musk had Tesla overpay for the failing SolarCity to save face [1] [1] https://www.youtube.com/watch?v=GSUQhfYv3wc https://www.youtube.com/watch?v=GSUQhfYv3wc [2] https://www.youtube.com/watch?v=aYGgeRxVS_E https://www.youtube.com/watch?v=aYGgeRxVS_E [3] https://youtube.com/playlist?list=PL-eVf9RWeoWHFuSgmmpMlMlVfMM_kFnm6 https://youtube.com/playlist?list=PL-eVf9RWeoWHFuSgmmpMlMlVf...