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Old 5th Nov 2020, 01:43
  #48 (permalink)  
redfish777
 
Join Date: Feb 2018
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controlledrest

In this "total war", who is the enemy? Management, right? Management is hired by the board. The board is appointed by shareholders. Are shareholders the enemy too?

But please look at what shareholders did in the last few months. They knew there would be no dividend for quite a while. Yet they put in new capital of over HK$10 billion in the company. There is no guarantee they will get it back. Part of that money has been used to pay employees.

If shareholders did not put in new capital, I don't think the government would save the company by itself.

Employers and employees bargain or fight for a bigger share of any business. But it's not a war. If any side does things like it's a war, both sides lose.
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