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I don't think the supreme court opinion matters in my opinion. I think it is the question of incentives. We should not be surprised if companies optimize for pr
by sega_sai 2y ago
I don't think the supreme court opinion matters in my opinion. I think it is the question of incentives. We should not be surprised if companies optimize for profits, especially if they are owned by shareholders who mainly care about profits. Because of that it is unreasonable (in my opinion) to rely on goodwill. We should instead ensure the regulations are such that unacceptable behaviour is not allowed.
- zinekeller 2y agoYeah, one point-of-view is Japanese companies and (mainly) American activist investors. Japanese management are usually cautious in their dealings and store (activist investors think it's hoarding) money, but activist investors are pressuring them to act faster and to operate on a relatively-lean budget.