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Joined 1 year ago
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Cake day: August 12th, 2023

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  • Thanks for the clarification.

    The last sentence of the article however, shows why that’s not much of a consolation:

    In other words, it is activist hedge funds and modern executive compensation practices — not corporate law — that drive so many of today’s public companies to myopically focus on short-term earnings; cut back on investment and innovation; mistreat their employees, customers and communities; and indulge in reckless, irresponsible and environmentally destructive behaviors.