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Microsoft is a publically traded company, they have a fiduciary responsibility to return their profits to shareholders and not employees, for better or worse.
by tdicola 12y ago
Microsoft is a publically traded company, they have a fiduciary responsibility to return their profits to shareholders and not employees, for better or worse.
- Hermel 12y agoThis is a myth often used to justify unpopular decisions. The board has a responsibility to guide the company in accordance with the articles, but the shareholders are free to define the articles. If they think redistributing profits to employees is a good idea, they are free to do so.
- eru 12y agoBanks share profits all the time. Microsoft does not have to maximize the share of profits returned, but the absolute value.
- michaelt 12y agothey have a fiduciary responsibility to return their profits to shareholders and not employees As evidenced by the fact that executive pay is extremely low, and constantly falling :)