Current Events > Is shareholding the main reason corporations suck and are toxic?

(+) Yeah! (+)

Toxic for being a bad work place and providing shitty customer service?

Isn't appeasing shareholders like most large companies' top priority, and the largest contributor to making short term decisions and trimming necessary expenses and whatnot?

Like, if the idea of shareholding went away, and companies just tried to maximize their sales, but made wise investments that will keep them floating smoother for the long-term, would those corporations operate better and be more beneficial for their employees and customers, and the economy as a whole?