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It's not necessarily greed (profit motive) itself, but that the decision makers have a short-term value function. They tend to have a "strip it and run" mentali
by HPsquared 2y ago
It's not necessarily greed (profit motive) itself, but that the decision makers have a short-term value function. They tend to have a "strip it and run" mentality rather than "multi-generational family firm" strategy.
- deleted 2y ago[deleted]
- janalsncm 2y agoI believe most people would in fact call that greed.
- red-iron-pine 2y agoit is absolutely greed as you defined it (profit motive) -- tomorrow never comes, they want their quarterly payoff, and they want it now. eventually they find executives willing to play that game, and they wring all of the value out of the company until it dies. greed kills companies.