264
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 12 Sep 2023
264 points (97.1% liked)
Technology
59312 readers
4650 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
The CEO literally has only one duty, and its fiduciary duty to the stock holders.
They can be sued and removed if they’re not doing what’s best for the shares.
That’s the biggest problem in society these days as far as I’m concerned
Yup, incentives at publicly traded companies are way out of whack and its killing us all slowly
There’s just so much more value in “line goes up” than in “I make decent toasters”
And only quarter by quarter. No long term responsibility to the shareholders.