The Shareholder Supremacy
Better Offline
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The Rise of Shareholder Supremacy in Modern Capitalism
The chapter discusses how the focus of many companies shifted from building sustainable businesses to prioritizing shareholder satisfaction, often at the expense of long-term goals and human-centered outcomes. It critiques tactics like layoffs, adopting trendy technologies, and share buyback programs to boost stock values, diverting resources from research and development and employee welfare.
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