Maximizing shareholder value is no longer top priority

[Anonymous No.15432202]

182 of the 188 CEOs on the Business Round Tabke have signed a letter that states that increasing shareholder value is no longer their top priority, instead they will focus on investing in their employees, suppliers and distributors and communities as a whole.

What do you think /biz/ is this a change for the best? Do corporations have a broader social responisbility than just maximizing shareholder profits?

[Anonymous No.15432342]

>Do corporations have a broader social responisbility than just maximizing shareholder profits?
no, but investing like this will prolly maximize shareholder profits on long-term

[Anonymous No.15432395]

>>15432342
this. they can hear the music. if there is no demand because society collapses their profit will be less than if they make changes so that society does not collapse.

[Anonymous No.15432412]

>>15432202
have companies ever been profiting? we all know stocks are an inflation hedge

[Anonymous No.15432423]

>>15432412

[Anonymous No.15432504]

>>15432202
sounds like pandering

[Anonymous No.15432530]

https://en.m.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co..

[Anonymous No.15432540]

>>15432202
>I believe anything I read