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> enrich shareholders at the expense of their own coffers. This makes no sense. The coffers belong to the shareholders.
by andsoitis 5mo ago
> enrich shareholders at the expense of their own coffers.
This makes no sense. The coffers belong to the shareholders.
- whall6 5mo ago“belong” is a flexible word. You’re right in theory but depending on the situation money in your bank account is worth more to you than an equivalent amount of money in a company’s bank account (of which you are a shareholder).