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I don't think a company like Google could do that even if the top brass wanted to. It wouldn't fly with share holders, would likely be a breach of fiduciary dut
by ktsmith 15y ago
I don't think a company like Google could do that even if the top brass wanted to. It wouldn't fly with share holders, would likely be a breach of fiduciary duty etc. It's another great sounding idea that just won't happen.
- kirubakaran 15y agoNot commenting on whether or not this is an effective idea, but it won't be a breach of fiduciary duty as it actually protects shareholder interests in the long(er) term.
- ktsmith 15y agoWhile that might actually be true no one looks at the long term, only quarter by quarter.