Remix.run Logo
▲ TuxedoBuddy 13 minutes ago

I’m not being sarcastic, but isn’t that the exact mandate of a CEO?

▲hnuser123456 5 minutes ago | parent | next [-]

Stable long term growth is valuable. An excessively greedy CEO that gets himself ousted creates uncertainty, which is less ideal.

▲greggoB 8 minutes ago | parent | prev | next [-]

The job of the CEO is to manage the company as well as they can, keeping business good today and ensuring the company has a tomorrow. It is not hard to intuit that this involves both short and long term thinking.

The whole "it's to maximise shareholder value" refrain is not actually a thing, AFAIK, despite it being something people like to keep repeating.

▲alfiedotwtf 7 minutes ago | parent | prev [-]

Legal mandate nonetheless