Everything falls…
(www.forbes.com)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (26)
sorted by:
Not under modern capitalism. It's their fiduciary responsibility to acquire maximum profits for their share holders, even if that means getting bought out by someone they know will kill the company and all future profits.
That seems like it goes against their duty to yield maximum profits.
Shareholder responsibilities require constant "line go up" at all times. Making a decision that doesn't make line go up immediately will usually have them lose their shit, even if its a better long term choice that would make them more money.
Its why most corporations are constantly fucking around with shit that already works and destroying their futures.
This is an incredibly perverse system of incentives that ought to be dropped. How does one go about utterly destroying the stock market?
Either total governmental collapse by this point or a complete purge from the bottom up of the current group-think of economists running everything in the background.
The Fed will literally lose it's goddamn mind over the notion of us having a depression and do everything in it's power to prevent that.
Oh, and likely [REDACTING] anyone and everyone who has a MBA or listens to thier advise.
Reverse this terrible verdict: https://en.m.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.#:~:text=Article-,Dodge%20v.,of%20his%20employees%20or%20customers.
this didn't happen by itself. people with names and addresses made it happen.
The solution is for new companies never to enter the shareholder market.
Is FromSoft a publicly traded company?
Good question. Doesn't look like it.