kent_eh , 1 month ago Let’s just not be dishonest by suggesting that management obligations to maximize shareholder value is a “myth”. It is not. Sure, in theory the shareholders could buy shares and insist that the company focus on something other than maximizing shareholder profit. But in the real world, that's so rare as to be effectively non-existent.
Let’s just not be dishonest by suggesting that management obligations to maximize shareholder value is a “myth”. It is not.
Sure, in theory the shareholders could buy shares and insist that the company focus on something other than maximizing shareholder profit.
But in the real world, that's so rare as to be effectively non-existent.