Re:What's the Least Impactful Way to Spend $300,000,000?
by eru on Friday April 14, 2023 @01:09AM
(#35565733)
Huh? Shareholder primacy might be a good idea, but it's an aspiration at best.
In practice, companies are run for the benefit of their managers.
Especially when they talk about something like 'stakeholder capitalism', because it's inevitable the managers that decide which stakeholders to listen to and how to balance their interests.
In practice, companies are run for the benefit of their managers.
Especially when they talk about something like 'stakeholder capitalism', because it's inevitable the managers that decide which stakeholders to listen to and how to balance their interests.