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Comment Re:Really? (Score 1) 45

Every company has values. A value is simply a judgement about what is important. Maximizing shareholder value is absolutely a company value (probably the most common one). Maximizing customer, employee, or society value would be different values a company could have. There are plenty of companies that focus on customer or society value, but they are usually nonprofit. If someone is investing in a company they usually expect to be the most import stakeholder to the company.

Most companies don't actually document their company values. They use principles like Integrity and Excellence that are simply core principles that every company should strive for. You can tell if your company's values are "real" if you could imagine another successful company having nearly opposite values (without breaking the law).

Not every company should appeal to every investor, employee, or company. I wanted to work for companies in my youth that worked me to the bone while accelerating my career growth. Now that I have a family I want to work for a company that respects my personal time. I'm glad there are companies out there with different values so I was able to choose employers who aligned with my values at the time.

Comment Re:Why not yearly? (Score 1) 66

It does widen the gap for insider information and trading on it -- which does screw the little guy (or at least little guy traders). If you're a long term investor this really should not make a difference.

It doesn't just screw over the little guy. It screws over retirees that are in the phase of their life where they are selling assets for income.

Comment Re:Why not yearly? (Score 1) 66

And then you should look at Ford who paid their employees wages high enough to allow them to buy a Ford. Circular money.

I can't be sure if that was sarcasm, but that myth about Ford's rationale for paying higher wages is not true. Ford was dealing with 370% annual turnover and had to do something to keep people in such mind-numbing repetitious jobs. Within a year of increasing wages turnover dropped to 16% and production levels increased 40% (mostly because they could consistently fill third shift positions).

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