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[-] TheGreatDarkness@ttrpg.network 29 points 7 months ago

If shareholders take you to the court for not prioritizing short-term profit at all costs, are you willing to defend this position?

[-] Kichae@lemmy.ca 30 points 7 months ago

Yes.

The board must put the interests of shareholders above other stakeholders, but those interests consist of a lot more than just immediate revenues.

[-] Neato@ttrpg.network 19 points 7 months ago
[-] TheGreatDarkness@ttrpg.network 6 points 7 months ago

I wish I could

[-] Dippy@beehaw.org 6 points 7 months ago

I'd argue that the 10 year profits are far more important than the quarterly

[-] smeg@feddit.uk 5 points 7 months ago

Depends if the shareholders are all hedge funds wanting to pump-and-dump or if they're actual investors interested in making the company better!

[-] SkyNTP@lemmy.ml 2 points 7 months ago

Sue for what? No self-respecting CEO would accept a position that creates personal tort liability if the stock price doesn't go up.

this post was submitted on 01 May 2024
211 points (100.0% liked)

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