I wish that were true but 99% of the time, it’s executives first, then shareholders. Executives give themselves massive bonuses, even when companies are losing money. They don’t need shareholder approval, just the board of directors who rarely represent the shareholders or are even the top shareholders.
Comment on CEO pay and stock buybacks have soared at the largest low-wage corporations
TuffNutzes@lemmy.world 5 weeks ago
Shareholders first! The rest of you can get fucked!
– Capitalism
TomB19@lemmy.world 3 weeks ago
sunzu2@thebrainbin.org 5 weeks ago
Always has been tbh...
And government will top off their profits with your money