Originally Posted by
PAXboy
YES the stock market makes security for the company but the company is the flight and cabin crew!
Originally Posted by
PAXboy
It is due to the staff that people want to invest.
Originally Posted by
PAXboy
Managers - and I include main Board Directors - need to cut their bonus' and the dividend to pay what the contract says.
I don't have a view one way or another on the Lufthansa dispute, but the above is nonsense and deserves to be challenged.
A business like Lufthansa is owned by it's shareholders and exists solely for the purpose of making money for their shareholders. The company is not it's staff; the staff are employed by the company in furtherance of the objective of making money, in this case by flying passengers from A to B as efficiently and cost effectively as possible.
No, people don't invest "due to the staff". They invest in a credible, attractive and profitable business proposition. The staff are not that proposition, they just serve it. Obviously the manner in which they are treated is important, but the business does not revolve around them.
Do you understand the importance of dividends? They don't just line the pockets of fat cats. They are a way of sharing out a portion of the business profits to shareholders, many of whom are institutional investors. Cut the dividends, and you cut a vital supply of cash flowing into pension schemes, savings plans, and small private investments. So ultimately it affects ordinary people.
Like I say, I have no opinion on the Lufthansa dispute, but a basic understanding of the way the business world works might put things in a more balanced perspective.