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If they don’t grow their growth in profits, their stocks will crater. What else could they do? Their articles of incorporation demand maximization.
by altairprime 4mo ago
If they don’t grow their growth in profits, their stocks will crater. What else could they do? Their articles of incorporation demand maximization.
- 4d4m 4mo ago[dead]
- HWR_14 4mo agoI'm not aware of any articles of incorporation that demand maximization.
- deleted 4mo ago[deleted]
- altairprime 4mo 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 4mo 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 4mo agoNoted. I’ll do the research and report back if I can, thanks.