There's a principal/agent problem. Decision-makers may not be maximizing shareholder value in these circumstances.
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maybe they understand their brands & who their customers are & how they behave better than outsiders...
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I apply extreme vetting to all my consumption decisions.
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it once took me 3 years to decide if I wanted soy or almond milk in my mocha at Starbucks
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they fear trade wars etc. most their income is abroad. Might include economics
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