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A comment on Companies fret as costs soar for software subscriptions (2019). Parent comment

Re:Companies fret as costs soar for software subscriptions (... by briandear on Thursday March 05, 2020 @01:41PM (#22496592)
> many people in USA believe that corporation has duty to increase shareholder value. And similar stupid ideas.

No more stupid than the idea that companies are supposed to exist solely for the benefit of the employee. Shareholders are the ones that put the money up to start and grow the company in the first place, so yes, there is an obligation to shareholder value.

Don't like that? Then you are free to start a company that doesn't take investment.

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Re:Companies fret as costs soar for software subscriptions (... by earthboundkid on Thursday March 05, 2020 @02:17PM (#22497017)
Shareholders are only able to make contracts because the government uses guns to arrest people who break contracts. Don't like it? Move to an offshore oil rig, I guess.
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Re:Companies fret as costs soar for software subscriptions (... by p_l on Thursday March 05, 2020 @02:14PM (#22496973)
Shareholders take a risk in their investment, mitigated by making it more fluid as they can easily trade the shares compared to more traditional investments.

There's however no law that holds a figurative gun to the heads of corporation that their duty is to increase the value of those shares.

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