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Thinking out loud, CEOs have one mission, one objective: increase the ROI of shareholders through stock prices and dividends. I don't know if that is a legal ob
by atbpaca 1y ago
Thinking out loud, CEOs have one mission, one objective: increase the ROI of shareholders through stock prices and dividends. I don't know if that is a legal obligation. But I wonder if CEOs were mandated/incentivized to also take into account social and environmental progress, maybe inequality would start to dwindle. Am I dreaming?
- malcolmgreaves 1y agoThis is what a public benefit corporation (PBC) is!
- coliveira 1y agoIn China they do this by having people from the government in the board of big corporations. So they have to take into consideration social and countrywide economic goals, instead of pure profit.