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Re:Companies Shouldn’t Be Accountable Only to Shareholders by snarf21 on Wednesday August 15, 2018 @10:49AM (#17766422)
Aye, but there's the rub. Everyone is free to divest their retirement holdings from all companies that aren't B corps. But then you have to be willing to (maybe) accept sub inflation level returns. So do you want 8-10%+ returns in your retirement holdings? This is happening exactly because businesses are being run to generate economic returns to its owners. Obviously the super large shareholders make out even better but we come along on the ride for free.
Re:Companies Shouldn’t Be Accountable Only to Shareholders by sgt101 on Wednesday August 15, 2018 @11:04AM (#17766544)
I'd like +inflation in the long term - the rub is that quarter to quarter horizons and returns at all costs lead to companies producing right up until they fall into the sea. The hedge funds and activist investors that drive them into this (super large investors) jump ship in advance, everyone who's not in the know is left to go down with it.