[mattmanser]

These are obviously not "facts" and companies obviously do not operate in that way.

Really obviously. Just observe any company.

I appreciate you might have a real hard-on for capitalism, but making up stuff like you just did doesn't help.

Companies are cess-pools of politics, incomplete information, petty rivalries, and disparate power. Most shareholders are clueless, poorly informed or spreadbetting.

Given this is all true, your "facts" are all objectively false.

[crazygringo]

Have you ever sat on a board?

Employees at a company might be engaging in petty rivalries in a "cesspool"... but the board of directors is composed of extremely professional, educated and informed investors.

Also, the board primarily represents not the small independent investor, but the majority of shares which are owned by professional institutional investors, which have quite the clue and are extremely well-informed -- they have entire teams of research analysts.

The comment you responded to does accurately represent how corporate boards work, if you actually bothered to "observe any company" in reality -- specifically publicly traded ones.

[airstrike]

> Just observe any company.

That's not a valid counter to the parent's well-formed post. Speaking for myself, I have observed countless companies and those facts continue to hold true.

I appreciate you might have a real hard-on for anti-capitalism, but making up stuff like you just did doesn't help.