Hacker News new | ask | show | jobs
by whall6 13 days ago
Exactly: enrich shareholders at the expense of their own coffers.
2 comments

> enrich shareholders at the expense of their own coffers.

This makes no sense. The coffers belong to the shareholders.

“belong” is a flexible word. You’re right in theory but depending on the situation money in your bank account is worth more to you than an equivalent amount of money in a company’s bank account (of which you are a shareholder).
Just like dividends.