Except they almost certainly do: http://papers.ssrn.com/sol3/Papers.cfm?abstract_id=2576389 …
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@coolbearcjs see my following tweet - 1 more reply
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@patrickc@StevePearlstein love that this is in the WaPo@JeffBezosThanks. Twitter will use this to make your timeline better. UndoUndo
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@patrickc@StevePearlstein additionally, dual class share structures help insulate from activists.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@patrickc maximizing "stakeholder value". that should be the goal of a fwd looking company.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@patrickc@StevePearlstein just realized Post owner Bezos and Amazon are great examples of long term investment.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@patrickc@StevePearlstein who gets to decide the definition of "long term"?Thanks. Twitter will use this to make your timeline better. UndoUndo
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