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Imagine being so greedy you might upset your cash cow and market dominance for a 20% gain. Unreal levels of hubris here.
by 4d4m 3mo ago
Imagine being so greedy you might upset your cash cow and market dominance for a 20% gain. Unreal levels of hubris here.
- altairprime 3mo agoIf they don’t grow their growth in profits, their stocks will crater. What else could they do? Their articles of incorporation demand maximization.
- 4d4m 3mo ago[dead]
- HWR_14 3mo agoI'm not aware of any articles of incorporation that demand maximization.
- deleted 3mo ago[deleted]
- altairprime 3mo agoIf not due to their articles, then what cause do you attribute that widespread outcome among traded, subsidiary, et al. corporations to? (I’m happy to be wrong but it’ll take some time to research this and I want to be sure to hear your opinion in the meantime.)
- HWR_14 3mo agoThe CEO and other execs will get paid more if they increase profits (usually in the short term). But that's very different than your claim that the articles of incorporation force them to do it.
- altairprime 3mo agoNoted. I’ll do the research and report back if I can, thanks.