7-Eleven Gets $38 Billion Buyout Offer Leaving Japan Shocked | Vantage with Palki Sharma (youtube.com)
711 Japan could offer an informative case study on the difference between social companies and non. This is more something that happens in Japan, probably, but perhaps there are lesser cases in America. But that a corporation has (in American eyes) a duty to maximize short term profits, and anything they have to sell to do this is worth it). In Japan, where 711 carries out many social functions, there is no doubt opportunity to cut unprofitable practices and increase stock value. These things could be done now by Japanese owners but are not because that would harm 711 longterm perhaps and Japanese people probably immediately. In America, we might infer, all corporations harm people because they put the effect of their practices absolutely behind short-term profits. So nothing probably would ever become good, and nothing probably would ever be long-term.
All comments are subject to review.
Please note that comments are not moderated immediately — every comment must be reviewed. This means there may be a delay before your comment is visible.
Comments
0No comments yet.