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Old 05-18-2013, 08:13 AM   #16
geormes
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And management have one overall responsibility - to make money.
No, it's to increase value of stock.
Making money is so old fashion.
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Old 05-18-2013, 09:47 AM   #17
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No, it's to increase value of stock.
Making money is so old fashion.
To be more precise, it is management's responsibility to maximize shareholder wealth.
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Old 05-18-2013, 10:50 AM   #18
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To be even more precise, it is management's responsibility to maximize management's wealth.
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