<table cellspacing="0" cellpadding="0" border="0"><tr><td valign="top" style="font: inherit;"><p>Oh and I meant to write "with no damn given for people or planet"<br></p>
<p>Green is 7 Generations Sustainability!</p>
<p>http://JillStein.org</p>
<p>Drew<br><br><br></p>
<p>Sent from Yahoo! Mail on Android</p>
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<span style="font-weight:bold;">From:</span>
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Spencer Graves <spencer.graves@prodsyse.com>; <br>
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<span style="font-weight:bold:">Cc:</span>
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sosfbay-discuss@cagreens.org <sosfbay-discuss@cagreens.org>; <br>
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<span style="font-weight:bold:">Subject:</span>
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Re: [GPSCC-chat] SOPA and PROTECT IP and What Is A Nexus Of Contracts <br>
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<span style="font-weight:bold;">Sent:</span>
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Mon, Dec 12, 2011 4:26:57 PM <br>
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On 12/12/2011 7:58 AM, Drew wrote:
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<p>John I have my doubts whether any form of corporation
is really accountable to anyone. The concept of being
accountable to shareholders is largely mythology from
what I can see. The CEO usually stacks the Board, and
together they do whatever they please or believe is in
service of profits </p>
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No: They do whatever they perceive serves their best short
term interests, though maximizing profits is a common mantra. Given
the choice of an action that will make the company boom in the short
term but has a 10% chance of bankrupting the company and a more
conservative strategy that will likely provide lower but reasonable
profits for the long term, they will generally select the more risky
strategy, because they most likely look like heroes in the short
term and can leave with their golden parachutes if that fails. <br>
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<p>(with no damn given for people or profits).
Shareholders rarely are effective in altering the
course. </p>
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Correct. <br>
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Spencer <br>
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<p>As I encouraged before, check out the book and movie
"The corporation ". I would recommend it as one of our
movies of the month.</p>
<p>Green America!</p>
<p><a rel="nofollow" class="moz-txt-link-freetext"
target="_blank" href="http://JillStein.org">http://JillStein.org</a></p>
<p>Drew<br>
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<pre class="moz-signature">--
Spencer Graves, PE, PhD
President and Chief Technology Officer
Structure Inspection and Monitoring, Inc.
751 Emerson Ct.
San José, CA 95126
ph: 408-655-4567
web: <a rel="nofollow" class="moz-txt-link-abbreviated" target="_blank" href="http://www.structuremonitoring.com">www.structuremonitoring.com</a>
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