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Overpaid and Unaccountable

A Long Time In Finance

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The Role of Financial Markets in Accountability

This chapter explores how financial markets serve as a measure of accountability, using Boeing's 737 issues to illustrate a cybernetic problem within the company. It emphasizes the importance of financial reporting in simplifying complex data for stock market evaluation, while cautioning against the potential pitfalls of solely focusing on short-term financial goals.

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