2 ms·
The 'the only reason a company exists is to make money for the stockholders' is why we're in this mess right now. Because that's the regime management is operat
by Gibbon1 2y ago
The 'the only reason a company exists is to make money for the stockholders' is why we're in this mess right now. Because that's the regime management is operating under. And they are delivering what's demanded. Yeah management is looting companies to the detriment of their long term health. But that's allowed because it aligns their incentives with predatory capitalists.
- nothercastle 2y agoStockholders are secondary to c suite. The executives are looting from everyone stockholders included