Quote:
Originally Posted by HarryT
Increasingly? I'm afraid you're being a little naive if you think that's a new phenomenon. A business has a legal duty to act in the best interests of its shareholders - that's how it's always been. There's nothing new in that.
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Not at all Harry. This is the direction since the inception of the corporation.
Private business is somewhat different than corporations and as I say, therein lies the problem.
I say increasingly because at least to me, the focus and intensity of the ROI above anything else has grown. There was a time when the Board of Directors etc were interested in providing for the customer while making a reasonable profit. Now they seem to be raping and pillaging customers, taxpayers, copyright holders etc. more than every in the eternal quest for ROI.