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The reason for shareholder value to be the guiding principle for companies is about being clear what an organization is about. There is nothing wrong with a com
by ls612 2y ago
The reason for shareholder value to be the guiding principle for companies is about being clear what an organization is about. There is nothing wrong with a company supporting some nonprofit cause but that should be a distinct legal entity. Productive enterprises should be corporations that endeavor to make money. Social cause organizations should be 501c3 or equivalents and not making products as their primary business. Blurring the lines (C corps getting involved in social activism, nonprofits making lots of money and paying most of it for administrative purposes) causes no end of problems.