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- True of business generally
- Since the 1980s, the common doctrine has been that corporations exist solely to enrich their stockholders, never mind the fact that were it not for customers providing the money (hopefully on something worth buying) and employees doing the work, there would be no profits for shareholders. in reality, corporations work best when the interests of all constituencies (investors, customers, employees, vendors, etc) are met. If all prosper, then the company does well. If any prosper at the expense of the others, the company suffers. If only the owners prosper, then it's not a business, but a racket.
- Posted by: John L. Ries Posted on: 05/09/08 You are currently: a Guest | Members login | Terms of Use
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