• TheGreatDarkness@ttrpg.networkOP
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    6 months ago

    If shareholders take you to the court for not prioritizing short-term profit at all costs, are you willing to defend this position?

    • Kichae@lemmy.ca
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      6 months ago

      Yes.

      The board must put the interests of shareholders above other stakeholders, but those interests consist of a lot more than just immediate revenues.

    • smeg@feddit.uk
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      6 months ago

      Depends if the shareholders are all hedge funds wanting to pump-and-dump or if they’re actual investors interested in making the company better!

    • SkyNTP@lemmy.ml
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      6 months ago

      Sue for what? No self-respecting CEO would accept a position that creates personal tort liability if the stock price doesn’t go up.