• brucethemoose@lemmy.world
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    3 months ago

    Not even this, it’s increase profits next quarter.

    Corporate behavior would be ridiculously different if they weren’t so short term.

    • Croquette@sh.itjust.works
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      3 months ago

      Corporate behaviour would be different if they were treated like the citizen they claim to be.

      The prison would be filled to the brim, and we could release people that were imprisoned for smoking pot or something to make place for people destroying the planet.

    • zerog_bandit@lemmy.world
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      3 months ago

      This is pretty ignorant actually. Companies pay millions to have CEOs that are invested in long term strategy. How you ask? With stock bonuses that will perform better if the company does well.

      • brucethemoose@lemmy.world
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        3 months ago

        Many do, but many seem to not. I didn’t mean to generalize them all, but I see way too many decisions that boost the next quarters or few quarters at the expense of long term health, and these decisions get rewarded with stock price bumps. Then the decision makers eject when its time to pay the price.

        I own or used to own some of these stocks, and it annoys me when they do. I want to hold these companies, not pump and dump them.