Figures. 🙄

  • PeepinGoodArgs@reddthat.com
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    1 year ago

    Oof. That’s fair. That explains Woke, Inc. and other critiques of wokism in the boardroom: because these initiatives are argued to be detracting from shareholder value by creating unnecessary inefficiencies.

    So, okay, cool. Thanks for the update.

    • CameronDev@programming.dev
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      1 year ago

      I’m not quite understanding your point, could you elaborate?

      To be fair, while companies may not be legally obligated to maximise profit/shareholder value, CEO bonus structures often do incentivise doing exactly that. And perpetuating the myth does give boards an excuse to do whatever they want.