Originally Posted by
edmundronald
If someone here has an idea how regulation can discourage a company from maximising medium term shareholder value, they should say so.Edmund
There needs to be legislation / regulation that considers the long term interest & survivability of the company that prevents the wholesale financial rape & eventual demise of said company. While I don't regard nationalisation as an answer, it has to be seen that there is a general national interest in said companies.
Pay-outs in whatever form they may come have to be limited & under no circumstance should interested parties be handed the golden chute while the aircraft is going down - it should be quite the opposite.
The opposite of this nonsense has generally been the way that successful small, medium businesses have been working since the dawn of time - provide a good product at a reasonable price while trying to create a good reputation & provide a secure future. The old statement "taking care of business" has been utterly forgotten in many large organisations with pay-out trumping all at any cost. It's all very sad.