Earlier quoted context omitted.
Well, a publicly traded company has the fiduciary obligation to make its shareholders money. So it really does not matter what the "the people" want, it matters what the shareholders want. In fact, the board and executive team are legally required to make the the decisions that make increase the value of the company. They could be in real trouble with the law if they knowingly do something that devalues the company.…
Nope. Now if you give the impression that you are all bout money but don't act like it then shareholders can be rightfully upset. But if you clearly state your values and ambitions and shareholders don't like it? Then, sucks to be them! There is nothing more to it than that. Serving shareholders’ “best interests” is not the same thing as either maximizing profits, or maximizing shareholder value. "Shareholder value,"…
And yes, we can define shareholder value -- its the stock price. But I see your point and why I have talked about the grey area of what is the best move. But you would be hard pressed to find a group of shareholders who who all agree not taking big contracts is going to be the best move.