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by Crusoe123 1704 days ago
Of course they do. That leader would get the boot ASAP if he chooses any goal other than making money as he is behest to investors who expect a maximized return to their investment.

Companies where your scenario can play out are the exception and not the rule. Not that the motivations you wrote are much better for society.

I am speaking here about large companies that can have impact on a societal level, not your small mom and pop business.

2 comments

It's hard for investors to get Management in line of the needs of the investors, they mostly work for their own needs, take a look at the big bonuses and raises they constantly give themselves. Often even after a terrible year.

In big corporations there are so many investors that they are hardly organized. And even if they are it's a difficult problem to incentivize a manager correctly. It's a topic with a lot economical scientific research. In theoretical terms it's called the principle-agent problem.

> That leader would get the boot ASAP if he chooses any goal other than making money as he is behest to investors who expect a maximized return to their investment.

No. See my sister comment: https://news.ycombinator.com/item?id=28956259