Agreed. Related: the widely held belief that a corporation's singular goal is to maximize shareholder value.
It might not be the case legally, but it is the sole metric that stockholders value.
It’s not. Plenty of investors might skip investing in arms, petro, cigarettes or betting for moral reasons, even though it might yield more money.
It might not be the case legally, but it is the sole metric that stockholders value.
It’s not. Plenty of investors might skip investing in arms, petro, cigarettes or betting for moral reasons, even though it might yield more money.