I'm not well-versed in this matter but isn't there some sort of penalty (legal?) for a company making choices that are severely contrary to their shareholders' pockbooks? Explain this like I'm 5 - The Great Awakening

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I'm not well-versed in this matter but isn't there some sort of penalty (legal?) for a company making choices that are severely contrary to their shareholders' pockbooks? Explain this like I'm 5 (media.greatawakening.win) WOKE-BROKE SUDDENLY 🕳️

posted 1 year ago by winn 1 year ago by winn +192 / -1

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– Bonnieric 4 points 1 year ago +4 / -0

Stakeholders matter more to them than shareholders. Companies like Blackrock invest in all the beer companies, as an example, so they don't care if one does better than the other. It is all a wash. Even if Budweiser had to pay legal penalties, Blackrock makes out fine when the stock drops. They own all the game pieces.

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