4 ms·
>tacit agreement Not a law or regulation. Why can't a company have a goal other than profit along side it? there's no reason they can't coexist and worthy of
by Vicinity9635 3y ago
>tacit agreement
Not a law or regulation.
Why can't a company have a goal other than profit along side it? there's no reason they can't coexist and worthy of investment for the goal too.
If people don't want that they're free to not invest.
>You don't list unless you actually want to become a generator of increasing shareholder value.
Says who?
>There is no law or regulation because it is what it is.
There's no law in physics for it either. So in conclusion it's a layman's myth.
- gerdesj 3y agoI am the MD of a small company. I have two partners and 15 employees. We are a private company and we can do what ever we like (within reason). If we decided to try and grab a pot of cash from quivering investors to do mad things we would go for a listing - go public. Nowadays we would flood Insta/X/FB and that with all sorts of wankery and perhaps bother with the usual media and then show a bit of ankle to an exchange and then go with a prudent offering. We would offer x shares for y price. Obviously, the world goes mad for us and buys the lot and with full capitalisation we become a unicorn with a rainbow mane. The papers are agog with how cool I am and TikTok explodes with how cool male pattern baldness really is. y goes berserk and we have to split the bloody things to allow plebs to have a crack. We are talking about money and not physics. I am a journeyman.