The CEOs are obligated to net the shareholders the biggest return they can. That's what it comes down to. The how varies based on industry and circumstance. But there is a workaround.
Give CEOs more leeway. Remove, or at least slacken, the fiduciary obligation to shareholders. CEOs are not universally evil people. Give them the means, and a lot of them will do the right thing. I believe this to be the case, anyway.
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Mediocrity ago
The CEOs are obligated to net the shareholders the biggest return they can. That's what it comes down to. The how varies based on industry and circumstance. But there is a workaround.
Give CEOs more leeway. Remove, or at least slacken, the fiduciary obligation to shareholders. CEOs are not universally evil people. Give them the means, and a lot of them will do the right thing. I believe this to be the case, anyway.