this post was submitted on 01 May 2024
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You make the line go up or get fired (ttrpg.network)
submitted 6 months ago by TheGreatDarkness@ttrpg.network to c/rpgmemes@ttrpg.network
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[–] TheGreatDarkness@ttrpg.network 28 points 6 months ago (5 children)

If shareholders take you to the court for not prioritizing short-term profit at all costs, are you willing to defend this position?

[–] Kichae@lemmy.ca 30 points 6 months ago

Yes.

The board must put the interests of shareholders above other stakeholders, but those interests consist of a lot more than just immediate revenues.

[–] Neato@ttrpg.network 19 points 6 months ago (1 children)

Fireball the shareholders.

[–] TheGreatDarkness@ttrpg.network 6 points 6 months ago

I wish I could

[–] Dippy@beehaw.org 7 points 6 months ago

I'd argue that the 10 year profits are far more important than the quarterly

[–] smeg@feddit.uk 5 points 6 months ago

Depends if the shareholders are all hedge funds wanting to pump-and-dump or if they're actual investors interested in making the company better!

[–] SkyNTP@lemmy.ml 1 points 6 months ago (1 children)

Sue for what? No self-respecting CEO would accept a position that creates personal tort liability if the stock price doesn't go up.

[–] bradorsomething@ttrpg.network 6 points 6 months ago

I feel like you don’t play “line goes up.”