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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (739609)9/17/2013 10:45:00 AM
From: tejek1 Recommendation

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Celtictrader

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>> You miss the most important point entirely. Costco chooses to have a lesser profit margin for the better good.

NO, YOU miss the point.

If they were in fact doing that, it would be counter to management's fiduciary responsibility to the shareholders and would subject them to shareholder liability suits. They are not allowed, as corporate directors, to arbitrarily put the "societal" benefits ahead of shareholders.


No, it isn't. Its counter to the way your brain works and the way you have been trained..........heavy emphasis on the word trained.
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