Not every company, just most. Privately owned corporations aren’t legally obligated to kill long-term viability for short-term gaing like publicly traded companies are.
Many owners of privately owned corps are that dumb, but not all of them
aren’t legally obligated to kill long-term viability for short-term gaing like publicly traded companies are.
Public companies are not obligated to do this. This is caused by the stock options that CEOs/other upper management gets. They want to maximize their gains on their could of years they serve before jumping ship to the next company.
False. There’s a thing called fiduciary duty where companies are obligated to make profitable decisions for their shareholders. If they don’t prioritize short term gains they’re opened up to lawsuits from investors
Not every company, just most. Privately owned corporations aren’t legally obligated to kill long-term viability for short-term gaing like publicly traded companies are.
Many owners of privately owned corps are that dumb, but not all of them
Public companies are not obligated to do this. This is caused by the stock options that CEOs/other upper management gets. They want to maximize their gains on their could of years they serve before jumping ship to the next company.
False. There’s a thing called fiduciary duty where companies are obligated to make profitable decisions for their shareholders. If they don’t prioritize short term gains they’re opened up to lawsuits from investors
Fiduciary duty does not require they tank long term profitability for short term gains. That’s an idiotic belief you have.