Not corn, or venison, or algae. But tell that to smaller companies devoured (and whose corporate culture undergoes, at least, a microscopic examination) by large ones. Or large ones devoured by huge ones.
Also, too, profit is the sole chartered purpose of most corporations (usually written as "benefit to stockholders"). Note that I don't assert it's the only legitimate purpose -- my opinion is that it's not -- but under the law of the land, that's the one and only. (Hey, working for investment banks for fifteen years l'arns ya something!)
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Date: 2011-01-10 01:43 pm (UTC)Not corn, or venison, or algae. But tell that to smaller companies devoured (and whose corporate culture undergoes, at least, a microscopic examination) by large ones. Or large ones devoured by huge ones.
Also, too, profit is the sole chartered purpose of most corporations (usually written as "benefit to stockholders"). Note that I don't assert it's the only legitimate purpose -- my opinion is that it's not -- but under the law of the land, that's the one and only. (Hey, working for investment banks for fifteen years l'arns ya something!)