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Re:Stock and Bond Markets Dethroned: Private Fundraising Is ... by dlp211 on Monday April 02, 2018 @05:18PM (#16739420)
I think shareholder expectations determine what a company does. If the company is a growth company, shareholders will gladly allow the company to innovate, but if it's a blue chip, they will expect dividends.
Re:Stock and Bond Markets Dethroned: Private Fundraising Is ... by jimrandomh on Monday April 02, 2018 @07:57PM (#16740598)
Right, but there are important, large companies that are neither of these things. A privately-held company can act as a pseudo-nonprofit, if its management wants, investing in the benefit of humanity at the expense of both profit and growth. The possibility of shareholder lawsuits makes that much harder to do.