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Unfortunately, in practice, this isn't really true. It's a less powerful motivation, in that there are not shareholders who will benefit from growth. But in p
by mlyle 2y ago
Unfortunately, in practice, this isn't really true.
It's a less powerful motivation, in that there are not shareholders who will benefit from growth.
But in practice, executives and managers end up making more, which provides an incentive for growth.
- shafyy 2y agoCompletely agree. In the end, it's all about the motivation and ethics of the owners. For an extereme example: OpenAI is "non-profit".