Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
President Biden has begun to accuse stores of overcharging shoppers, as food costs remain a burden for consumers and a political problem for the president.
Executives are often paid in stock so they’re invested in seeing the price go up.
A corporation’s board of directors (who lead the company and can fire/hire executives) are also paid in stock or have very large stock holdings already.
All the people at the top benefit from seeing that stock price go higher. They care more about stock price than whether or not customers are happy, or if they’re doing right by their employees.
Ah, I see. Interesting.
Adding to this:
Executives are often paid in stock so they’re invested in seeing the price go up.
A corporation’s board of directors (who lead the company and can fire/hire executives) are also paid in stock or have very large stock holdings already.
All the people at the top benefit from seeing that stock price go higher. They care more about stock price than whether or not customers are happy, or if they’re doing right by their employees.