209
You make the line go up or get fired
(ttrpg.network)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 01 May 2024
209 points (95.6% liked)
RPGMemes
10339 readers
578 users here now
Humor, jokes, memes about TTRPGs
founded 1 year ago
MODERATORS
Adhering to fiduciary duties to shareholders also includes protecting the company's relationship with its customers and its long term sustainability. Cashing out while burning out all the bridges is the opposite of protecting the legitimate rights of the shareholders.
If shareholders take you to the court for not prioritizing short-term profit at all costs, are you willing to defend this position?
Yes.
The board must put the interests of shareholders above other stakeholders, but those interests consist of a lot more than just immediate revenues.
Fireball the shareholders.
I wish I could
I'd argue that the 10 year profits are far more important than the quarterly
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!
Sue for what? No self-respecting CEO would accept a position that creates personal tort liability if the stock price doesn't go up.
I feel like you don’t play “line goes up.”