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0 pointssnowwrestler9y ago0 comments

"Maximizing shareholder value" has become like a Rorschach test, or a "just-so" story that people try to use to retroactively explain everything.

Why didn't Yahoo fight their order? Maximizing shareholder value.

Why did Apple fight their order? Maximizing shareholder value.

An explanation that applies to all outcomes does not actually explain anything.

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1 comments · 1 top-level

Regardless of the merit of your claim, it remains the case that the provided example is ineffective.

There were many earlier this year that said standing up to the FBI improved their perception in foreign markets.

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