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URL:  https://boards.fool.com/maybe-so-but-the-bigger-corps-are-traded-on-the-34940592.aspx

Subject:  Re: Where are all the men? Date:  9/22/2021  8:13 PM
Author:  1poorguy Number:  138934 of 139644

Maybe so, but the bigger corps are traded on the markets. Their primary responsibility is to shareholders. And shareholders mostly care about the bottom line. If the stock price isn't going up, you could find yourself off the Board.

Corporations are generally pretty good at responding that that. The CEO may support many charities, and care for workers, but in the end he works for shareholders who don't know Bob in the cube next to the Coke machine, whose wife just had a baby. That the CEO knows that doesn't usually have an impact.

Though our CEO doesn't like laying folks off. I'm told he loses sleep over it. But he will, and has done so in the past (though not for at least a decade now).
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