Quote:
Originally Posted by barryem
A businessman represents his investors and stockholders first, by law.
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Here's a piece from Jeff Bezos's newspaper on that:
The belief that shareholders come first is not codified by statute.
Businesses have a bunch of stakeholders, including the communities in which they locate, employees, customers, and regulators. And, yes, investors. But investors didn't magically go to the head of the list the day Amazon went public.
If the US Congress ever passes such a despicable law, Jeff Bezos, given his lack of focus on profits, would earn a seat of honor on Con Air.
So don't anybody claim I never have a nice word to say about the guy
