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<blockquote data-quote="GreyLord" data-source="post: 9027595" data-attributes="member: 4348"><p>While I feel you are correct for certain types of shareholders (those corps that run retirement accounts, banking stocks, pure investment funds, etc), which compose a massive amount of the holders and representatives today, I think this doesn't represent the individual shareholders.</p><p></p><p>By these I mean individuals that hold sizeable amounts of stock in companies (and many times DO have representatives that are either on the boards of those corps, or representatives that sit or advise the boards as well). The most famous of these types today would probably be Elon Musk (regardless of how you feel about him). Sure, he has the throwaways he uses, but I think he also has stocks which he uses because they are involved with some of his passions in life (for example, I think one of those he is involved with because he loves what the company is involved with is Space-X. It's not just that he is an owner in it, he loves the ideas coming out of it). He also has involvement with other technology companies which I think are more because of his passion for those areas rather than just money (though, I admit, I also think he is a rabid stock manipulator and tries to manipulate stock for his own benefit as well).</p><p></p><p>There are those individual stockholders that are not just in it for the money, but actually are in it because they love what the company produces and want to be involved in it in some way. </p><p></p><p>I think that times when the board or the CEO makes choices that could hurt the company and it's products in the long run that this idea that it's all about the stockholders may not actually be fair to every stockholder. It's a broad generalization. I think that sometimes the stockholders (or the individual stock holders in it with their own investments rather than with the retirement and banking funds, or the investment funds) may actually not appreciate some of the actions taken. </p><p></p><p>Sometimes corporations are also taken over by hostile forces which do not have the minority holder's interests in mind and are only parasites sucking the life out of that company for their financial benefit (ala...what happened to Toys'R'Us, or what I understand happened to it). </p><p></p><p>So, though I agree that the focus of the board or CEO can be on a pure benefit for the shareholders (and many times the majority of that are the firms and groups that are in it for the money and only the money), share holders can be a more diverse group than simply those who are in it for money.</p></blockquote><p></p>
[QUOTE="GreyLord, post: 9027595, member: 4348"] While I feel you are correct for certain types of shareholders (those corps that run retirement accounts, banking stocks, pure investment funds, etc), which compose a massive amount of the holders and representatives today, I think this doesn't represent the individual shareholders. By these I mean individuals that hold sizeable amounts of stock in companies (and many times DO have representatives that are either on the boards of those corps, or representatives that sit or advise the boards as well). The most famous of these types today would probably be Elon Musk (regardless of how you feel about him). Sure, he has the throwaways he uses, but I think he also has stocks which he uses because they are involved with some of his passions in life (for example, I think one of those he is involved with because he loves what the company is involved with is Space-X. It's not just that he is an owner in it, he loves the ideas coming out of it). He also has involvement with other technology companies which I think are more because of his passion for those areas rather than just money (though, I admit, I also think he is a rabid stock manipulator and tries to manipulate stock for his own benefit as well). There are those individual stockholders that are not just in it for the money, but actually are in it because they love what the company produces and want to be involved in it in some way. I think that times when the board or the CEO makes choices that could hurt the company and it's products in the long run that this idea that it's all about the stockholders may not actually be fair to every stockholder. It's a broad generalization. I think that sometimes the stockholders (or the individual stock holders in it with their own investments rather than with the retirement and banking funds, or the investment funds) may actually not appreciate some of the actions taken. Sometimes corporations are also taken over by hostile forces which do not have the minority holder's interests in mind and are only parasites sucking the life out of that company for their financial benefit (ala...what happened to Toys'R'Us, or what I understand happened to it). So, though I agree that the focus of the board or CEO can be on a pure benefit for the shareholders (and many times the majority of that are the firms and groups that are in it for the money and only the money), share holders can be a more diverse group than simply those who are in it for money. [/QUOTE]
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