Gogs
“Duty to maximise shareholder value” really has a ring of “just following orders”
Feb 21, 2023 at 12:16pmWeb
Show threadPrincess of Whales Feb 21, 2023
@Gogs oof. You are not wrong
Show threadChris GlassFeb 22, 2023
@Gogs It's the same logic as a landlord raising your rent because of the 'market'
As if that affects literally any reason why you need to pay more to not be homeless
Show threadRod_RescuemanFeb 25, 2023
@Gogs and fck employee value.
Show threadjuanejotFeb 25, 2023
@Gogs Thank you for reaching out with your concern. We'll make sure it gets to the proper department. We appreciate your input in making our products and services better for all!
Show threadJBFeb 25, 2023
@Gogs @batkaren Especially since there’s no such duty. Totally bogus.
Show threadOriel Jutty Feb 26, 2023
@Gogs It's a lot like "duty to maximize paperclips".
https://en.wikipedia.org/wiki/Instrumental_convergence#Paperclip_maximizer
Instrumental convergence - Wikipedia

Show threadGogsFeb 26, 2023
@barubary It really is.
Show threadDoug BostromMar 2, 2023

@Gogs

As well, given the intended purpose of shareholders, such thinking often leads to lower shareholder value as in "make the shareholders even more uselessly opposite to their purpose."