Of Owners and Ownership / Paul Singer, the founder of Elliott Investment Management

Paul Singarがpostしています

corpgov.law.harvard.edu

間違ったことは言っておらず正当な意見だと思います。

In reality, the prioritization of shareholder returns is perfectly consistent with the goal of balancing the needs and competing interests of all of the company’s other stakeholders. The best leaders constantly adjust to maintain equilibrium among stakeholders’ competing interests — and indeed, they must serve the needs of stakeholders in order to keep the company healthy and profitable for the shareholders.

 

The fact that it is largely gibberish is disguised by the air of moral superiority with which it is presented, leaving all too many investors uncomfortable challenging its logic, its purposes or its impact on corporate performance and rates of return.