Det. Thorn: Something stinks here.
Hatcher: Look. You’ll sign this. And I’ll bury it.
Det. Thorn: Like hell you will. A member of the board of the Soylent Corporation was torn apart with a meat hook! You can’t sweep that carcass under the rug. Who bought you?
Hatcher: You’re bought as soon as they pay you a salary.
Det. Thorn: Yeah, well, who is “they?”
Yesterday the CEO’s of many major U.S. companies including those of Apple, J.P. Morgan, and Walmart issued a
press release proclamation through a group called the Business Roundtable that public corporations should no longer prioritize only the interests of shareholders, even if that means that shareholders will receive fewer monetary benefits because of this change.
Putting aside the intrinsic reality that in order to run a successful corporation and ultimately maximize shareholder value these non-shareholder groups already must be given consideration, there’s a much more pressing question: Who are these shareholders?[Read more…] about “The Shareholder Is People!”