2 ms·
> Why do I care what the share price is or what volume of sales is occuring on the stocks around me? Like it or not, your job as a manager in a company is to
by vasco 2y ago
> Why do I care what the share price is or what volume of sales is occuring on the stocks around me?
Like it or not, your job as a manager in a company is to run that company for the people that own it, same as if you manage a local grocery store for your neighbour Jeff that owns it. Jeff will be happy if his store appreciates in value the same way the shareholders of the corporation (its owners) will be happy if it goes up in price.
So as an employee of the company (the CEO is one too), you care because your job is to care, and in the case of senior management you also have a legal duty to care and the company can be sued if you don't.