• phonics@lemmy.world
    link
    fedilink
    arrow-up
    5
    ·
    3 days ago

    are shareholders truly that evil or is the company using them as scapegoats? like are shareholders seriously angry about not making massive growth? and if so, fuck em. they’re just gambling anyway.

    • VieuxQueb@lemmy.ca
      link
      fedilink
      arrow-up
      11
      ·
      3 days ago

      Have you ever heard of shareholders suing a CEO or Company for not being aggressive enough on profit making ? It does happen, shareholders are pure scum !

    • DeathByBigSad@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      3
      ·
      3 days ago

      Shareholders (collectively) are the company, the CEO is actually the scapegoat, you remove one, the board (who are chosen by the shareholders who have shares with voting rights) would just appoint another CEO that does the same thing, putting profit first, that’s literally their job, they wouldn’t get appointed CEO if they won’t do the dirtywork.

      They say Brian Thompson murdered people, yes, but who gave those orders? The board who appointed him, and the voting shareholders that appointed the board.

    • TheCriticalMember@aussie.zone
      link
      fedilink
      English
      arrow-up
      4
      ·
      3 days ago

      Well, the shareholders are going to put their money where it makes the most money. Shareholder profits are everything now. Capitalism is so fucking stupid, and it’s going to kill us all.

      • magikmw@piefed.social
        link
        fedilink
        English
        arrow-up
        3
        ·
        3 days ago

        Not profit, speculative profit. Buy low sell cheap. Years of steady growth dividends are gone and so does long term consequences.