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From today's Money Stuff by Matt Levine[1]: > So when an association of big public-company CEOs gets together and declares that corporations should serve the c
by basseq 7y ago
From today's Money Stuff by Matt Levine[1]:
> So when an association of big public-company CEOs gets together and declares that corporations should serve the community, take care of the environment, and be responsible to employees and customers, not just shareholders, that might be because the CEOs have thought it over and decided that employees and the environment are getting a raw deal, but it is also possible that the CEOs have thought it over and decided that shareholders are annoying.
[1] https://www.bloomberg.com/opinion/articles/2019-08-19/we-looks-out-for-our-selves https://www.bloomberg.com/opinion/articles/2019-08-19/we-loo...
- newshorts 7y agoRight. I’d find it annoying if I exceeded expected earnings and my stock price falls because I didn’t hit my insane 20%+ growth expectation. I’m not sure they will find employees any less annoying, but at least you can fire them...