Comment Re: Beholden to shareholders? (Score 0) 36
Doesn't this place the business at the mercy of the shareholder's whims?
Lol hell no. Most shares are owned by ETF indexes. The way the ETF managers vote determines the outcome, and that outcome can be arranged with a bit of bribery.
Now you know wh most public companies are run by incompetant tumors in suits who don't give a damn about the shareholder. They've been tokenized away from any sort of relevance.