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You make the line go up or get fired
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this post was submitted on 01 May 2024
208 points (95.6% liked)
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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.”