"Instead of serving the interests of the shareholders who own the company, CEOs and directors would have to serve some combination of 'the workforce,' 'customers,' 'the local and global environment' and 'community and societal factors.'"http://archive.is/FtEuA
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I don’t agree with her proposal, but isn’t this the standard of corporate governance in the EU? Socialist, but not Marxist.
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Several thoughts: 1) Proposal goes far beyond German codetermination 2) EU's biggest tech cos are much smaller than US companies, and that's where much growth is 3) The EU in general has big problems and is not (IMO) one to be emulatedhttps://qz.com/1320983/why-arent-europes-technology-companies-as-big-as-in-the-us-and-china/ …
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Closer to fascism tbh.
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The Federal corporate law thing doesn't seem horrendous necessarily, except that it's absolute nonsense to force a company to reincorporate. And all the strings that will be attached.
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