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by magduf
2552 days ago
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>How do you maintain "Principle 1" while being a publicly traded company?
>The way the stock market is designed... means they're going to put short term profits over long term viability. It's simple: be Japanese and not American. Japanese companies don't have this kind of problem, precisely because they aren't American and their society doesn't value enriching executives over all else, and instead values a stable and harmonious society. |
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Not a single Japanese company, while the lists are dominated by the US ones. What you're saying is nothing other than the ancient TV trope about the difference between Japanese and the Americans (east vs west).
disclaimer: I have 0 ties whatsoever to the US.