Comment on Starbucks continues to be terrible
tischbier@feddit.org 1 day agoHow the fuck isn’t this stuff against business laws. How does this not break the fiduciary duty by self-dealing?
If what you’re saying is accurate then he’s a pro at creating parallel evidence.
Who am I kidding? Anyone who could bring a suit against the CEO probably doesn’t care.
wasteful hubristic meatballs
jballs@sh.itjust.works 1 day ago
I’m theory, the board of directors is supposed to keep a CEO in check if they do something that is against the best interest of the shareholders. But the share price actually went up after he made this move.
Same reason share prices often go up when a company announces layoffs. The market isn’t always tied to how well a business is run.