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Large public companies have diverse, non monolithic shareholders who very rarely have similar goals beyond making money. It is exceedingly rare for the majority
by HDThoreaun 4y ago
Large public companies have diverse, non monolithic shareholders who very rarely have similar goals beyond making money. It is exceedingly rare for the majority of shareholders to agree on anything other than maximizing either short term, or long term discounted profits. Sure, it's possible to have other goals, but that almost never happens in practice.