Short term profits making quarterly reports look better to stakeholders. Isn’t that how 80% of these bigwigs get their job in the first place? We should be calling it the Zaslav Model at this point 😂.
Just because it looks better to shareholders now doesn’t make it a good business decision. I swear the majority of CEO types don’t give a damn if the company goes under in a few years because they either:
Have a golden parachute in place by sucking up to the Board.
Will move on to another CEO position at another company before it folds. Bonus points if they golden parachute on the way out.
Short term profits making quarterly reports look better to stakeholders. Isn’t that how 80% of these bigwigs get their job in the first place? We should be calling it the Zaslav Model at this point 😂.
Just because it looks better to shareholders now doesn’t make it a good business decision. I swear the majority of CEO types don’t give a damn if the company goes under in a few years because they either:
Have a golden parachute in place by sucking up to the Board.
Will move on to another CEO position at another company before it folds. Bonus points if they golden parachute on the way out.
Modern corporate management model is just broken.