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by cma
4080 days ago
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It is a systemic problem with the incentives. If the CEO is moral enough to go against shareholder interest, he'll be replaced. If not, the board members will be replaced through vote and possibly sued for going counter to shareholder interests. If not, the shareholders will be replaced by shareholders a more ruthless out-competiting company. Imploring everyone to just be more moral isn't going to fix the systemic problems. |
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