3 ms·
> But a corporation should exist to provide goods and services to end users and a return to shareholders. What a naive and utterly incorrect statement. A corpo
by sophacles 1y ago
> But a corporation should exist to provide goods and services to end users and a return to shareholders.
What a naive and utterly incorrect statement. A corporation is a peice of paper that separates ownership from liability. Attached to that peice of paper are some special tax rules, rules about structuring ownership and governance (particularly important when there are multiple owners) and so on.
Any notion of how they should be run is just a random person's opinion, unless you happen to have some percentage of ownership - then you get that percentage say in how things are run. Although I will say any sort of mechanistic opinion on corporate interactions is a broken one - fundamentally there are people doing things to fulfill an inter-corporate agreement, and some of those people will find ways to be shady or lazy or otherwise not live up to the agreement. The inter-personal relationships are very important, as they help the people running one corporation gauge how likely the other corporation will live up to it's end of the agreement.
- mythrwy 1y agoYou talk a lot and don't say very much so I'll pass on engaging. FWIW check your spell checker.