General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThis was originally something said in a collective bargaining context, but it surely has wider
application:
"Corporations never SURRENDER power. You have TAKE it from them."
Koch Industries, EXXONMOBIL and all the gun companies come to mind.
H2O Man
(73,559 posts)True.
Cheezoholic
(2,026 posts)KPN
(15,646 posts)unblock
(52,253 posts)the ceo represents a union of investors.
all negotiations run through the ceo.
a company's investors may have diverse, sometimes even competing interests. of course they all want to make money, but some are interested in the short term, others the long term. some want dividends, some want investment. some may prioritize "green" policies, others may not care. some may favor an acquisition, others not, etc.
but the ceo's job is to find a strategy that adequately appeals to enough investors, then implement it -- denying employees, suppliers, etc., the ability to negotiate with the various investor factions directly, which may pit one against the other.
a workers' union tries to do largely the same thing for employees, but that's challenged, deemed political and controversial, etc.
no one ever stops to point out that the investors do the same thing a union tries to do, but they all do it all the time so it's taken for granted.