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[-] TheGalacticVoid@lemm.ee 2 points 9 months ago

Maybe it's not even the stock market, but the laws surrounding it. To the best of my knowledge, a company's primary legal obligation is to maximize shareholder value. Ethics and maintenance seem to be secondary as a result. There needs to be legal ways or more incentives for companies to be satisfied with their progress and seek stability/maintenance, and keep their stock price stable.

this post was submitted on 05 Feb 2024
907 points (98.4% liked)

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