2 ms·

Most CEOs do what the board wants. And the board usually reflects shareholder primacy.

• steve1977 10mo ago
  I'm pretty sure shareholders are not too keen on spotty returns...
  • stocksinsmocks 10mo ago
    You might be surprised. Disney is a pretty good example of activist shareholders undermining the value of their brand for purely ideological reasons. This is a little easier to wrap your head around when you recognize Black Rock-type situation where the custodians of the funds are able to take extraordinary personal liberty with other people’s money.
    • goryDeets 10mo ago
      Yeh, cause they (the truly wise and savvy ones) realize it's not about fiat money (that's just political propaganda). It's about attention control. Government will always financially bail out they who control the most eyeballs as it keeps politicians from dangling from capital buildings and bridges.
  • turnsout 10mo ago
    Only institutional shareholders matter, and they're on the same page as the CEOs.