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Politics : Politics for Pros- moderated
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To: John Carragher who wrote (618550)12/13/2016 4:52:12 PM
From: frankw1900  Read Replies (1) of 794283
 
what gives the officer of a company the right to speak for its shareholders? the officer is there to maximize profits for the shareholder not preach.

If he's the CEO or chairman they elect or appoint him to run the company. That's what gives him the right.

He has to do a lot more than "maximize profits." (BTW, long term profits or short term profits?) He has responsibility for the quality and security of the company's assets, and in connection with those things, the quality and security of company's employees. The quality and security of the geographical/political/social regime his company operates under and sells into is necessarily something he has to pay attention to and sometimes talk about.

That he might get his public statement wrong or that we disagree with him is another matter.

The neo-liberal/neo-con bullshit got us into the mess we're in now. So we should not be too quick to buy into it. Not buying into it got Trump elected.
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