> Blaming the CEO for doing the job they were hired to do seems short-sighted
I find that to be ironic. One of the problems with a CEO is that they'll maximize short-run profit rather than do what's in the best interest of the shareholders.
I find that to be ironic. One of the problems with a CEO is that they'll maximize short-run profit rather than do what's in the best interest of the shareholders.
Then when long term goals fail, shareholders will blame management when long term expectations are not met.
Shareholders are not strategic, with the possible exception of a few rarities.
If they want to get rich quick, they are free to try the OTC market with high risks and high rewards, or Vegas.