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Re: Prophetic10 post# 5318

Tuesday, 09/27/2011 10:16:14 AM

Tuesday, September 27, 2011 10:16:14 AM

Post# of 26481
This management principle, also known under value based management, states that management should first and foremost consider the interests of shareholders in its business decisions. Although this is built into the legal premise of a publicly traded company, this concept is usually highlighted in opposition to alleged examples of CEO's and other management actions which enrich themselves at the expense of shareholders.

CEO's get sued all the time over this...best of all it is their own personal net worth at stake! Pain is a wonderful motivator!

And for GREEDY CEO's that take advantage of unsuspecting shareholders...it is poetic justice!