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Good point, I was oversimplifying. A strong CEO can make the case that doing X or Y, while it may not maximize the share price directly, is the right thing to d
by Fripplebubby 3y ago
Good point, I was oversimplifying. A strong CEO can make the case that doing X or Y, while it may not maximize the share price directly, is the right thing to do for other reasons. Iger is actually such a "strong" CEO, but he has to pick his battles and where to expend social capital too.