Facebook post — 19 August 2015

facebook 19 August 2015

The author concisely and precisely explains what is wrong with the current model of publicly traded corporations. Living from quarter to quarter with only the short term interest of shareholders in mind, no hired executive has the capacity for long term planning or fixing malpractices.

I've myself seen this scenario play out in corporation after corporation. Companies that are not founder or family run, those that are run by boards and career CEOs, only have shareholder interest in mind. The employees, customers, suppliers, environment, morality, sustainability, long term value creation, etc, simply do not figure.

4 comments

Mrinal SinhaSure... but non-profits / social sector organizations do not have even basic measures of the market like these. Why not focus some attention on them? Hide
Saurabh JAgreed Mrinal. The lack of oversight on NGOs and religious organisations is scary. There are services like Charity Navigator, but they are not based on official data and only focus on externally visible parameters like efficiency.
Mrinal SinhaMrinal Sinha · 10y · by authorSure... but non-profits / social sector organizations do not have even basic measures of the market like these. Why not focus some attention on them?LikeHide
Saurabh JSaurabh J · 10yAgreed Mrinal. The lack of oversight on NGOs and religious organisations is scary. There are services like Charity Navigator, but they are not based on official data and only focus on externally visible parameters like efficiency.Like