Quote:
Originally Posted by Joecooool
A CEO's primary responsibility is to the company and its employees. Any business run for the primary benefit of the shareholders becomes focused only on short-term earnings at the expense of the long-term view and the more important, societal consequences of the company's behavior.
In fact, the whole concept of CEO's running their companies for the primary benefit of shareholders is just a convenient rationale for enriching corporate officers and investors at the expense of the ordinary workers.
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I have no idea why you bother. This is gospel truth except the company is run for both sharholders and employees. The ****ing baby boomers that run the shit show that is now big pharma can rationalize anything. They just want to get theirs and get out; there is no long term plan. Pump and dump, baby. Perfect example: Pfizer.
I don't understand why this isn't obvious to everyone?
The only problem is industry pales in comparison to government. How can anyone look at Susan Rice's resume and figure out how she became a millionare several times over?