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Groups > comp.sys.mac.system > #57478

Re: Tim Cook chooses social resonsibility

From Your Name <YourName@YourISP.com>
Newsgroups comp.sys.mac.system
Subject Re: Tim Cook chooses social resonsibility
Date 2014-03-03 16:21 +1300
Organization Aioe.org NNTP Server
Message-ID <030320141621451211%YourName@YourISP.com> (permalink)
References (1 earlier) <chine.bleu-F85F7F.21375501032014@news.eternal-september.org> <030320140900054358%YourName@YourISP.com> <chine.bleu-52F328.13045602032014@news.eternal-september.org> <030320141344239000%YourName@YourISP.com> <chine.bleu-F39F5A.17024702032014@news.eternal-september.org>

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In article
<chine.bleu-F39F5A.17024702032014@news.eternal-september.org>, Siri
Cruz <chine.bleu@yahoo.com> wrote:

> In article <030320141344239000%YourName@YourISP.com>,
>  Your Name <YourName@YourISP.com> wrote:
> 
> > In article
> > <chine.bleu-52F328.13045602032014@news.eternal-september.org>, Siri
> > Cruz <chine.bleu@yahoo.com> wrote:
> > > In article <030320140900054358%YourName@YourISP.com>,
> > >  Your Name <YourName@YourISP.com> wrote:
> > > > In article
> > > > <chine.bleu-F85F7F.21375501032014@news.eternal-september.org>, Siri
> > > > Cruz <chine.bleu@yahoo.com> wrote:
> > > > > In article <010320140915170326%michelle@michelle.org>,
> > > > >  Michelle Steiner <michelle@michelle.org> wrote:
> > > > > 
> > > > > > This should get the "The only obligation of a corporation is to
> > > > > > make 
> > > > > > a
> > > > > > profit for its investors; there is no other obligation" crowd very 
> > > > > > much
> > > > > > upset.
> > > > > 
> > > > > The obligation of the managers is to run the business as the majority 
> > > > > of 
> > > > > the 
> > > > > owners (the shareholders) want it run.
> > > > > 
> > > > >     That shareholder proposal was rejected by Apple's shareholders,
> > > > >     receiving just 2.95 percent of the vote.
> > > > 
> > > > Nope. The obligation of GOOD managers (of which there are extremely
> > > > few) is to run the business SUCCESSFULY, not bow down to every whim and
> > > > idiocy of the greedy shareholders.
> > > 
> > > An employee is supposed to disobey the direction of the owners=employers?
> > 
> > In extremely few cases are the shareholders actually the owners or the
> 
> They are the owners collectively. That's what shareholder means. If you mean 
> only rarely does one person own the majority of stock, yes, but I'm always 
> referring to the collective will of the shareholders.
> 
> > employers. Tim Cook's employers are almost certainly the Board, who
> 
> The board members are elected by the shareholders. They can vote out a board.
> 
> > themselves are a bunch of fools who should interfere as little as
> > possible ... advise and suggest, yes, interfere, no, unless it's
> 
> The board of directors are the representative of the owners of the company.
> The 
> CEO is hired by the board and works for the shareholders. It's not the CEO's 
> company, and they have to obey the will of the owners or expect to be fired. 
> Whether the owners are feckless and mute is their choice.
> 
> > extremely obvious Cook and the other managers are about to bankrupt the
> > company. You have to remember that it was the Board who threw out Steve
> > Jobs in the first place and the idiot they kept almost did ruin the
> > company.
> 
> The owners of a business do not have to answer to you or me or employees of
> the 
> business. The article reported that the shareholders voted not to change the 
> Apple's practices. Individual shareholders can argue and attempt to persuade 
> others, but since Cook still has the confidence of the majority of shareholders, 
> he can ignore the wishes of one or two.

That may or may not be how it's *meant* to work, but luckily it's not
how it actually works. For a start, most of the shareholders wouldn't
have a clue who is on the board. Most of them are there to make a quick
buck, and then get out before the share price falls.

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Thread

Tim Cook chooses social resonsibility Michelle Steiner <michelle@michelle.org> - 2014-03-01 09:15 -0700
  Re: Tim Cook chooses social resonsibility Alan Browne <alan.browne@FreelunchVideotron.ca> - 2014-03-01 11:56 -0500
  Re: Tim Cook chooses social resonsibility Jolly Roger <jollyroger@pobox.com> - 2014-03-01 17:10 +0000
    Re: Tim Cook chooses social resonsibility Michelle Steiner <michelle@michelle.org> - 2014-03-01 10:27 -0700
      Re: Tim Cook chooses social resonsibility JF Mezei <jfmezei.spamnot@vaxination.ca> - 2014-03-01 19:23 -0500
        Re: Tim Cook chooses social resonsibility Jolly Roger <jollyroger@pobox.com> - 2014-03-02 01:47 +0000
          Re: Tim Cook chooses social resonsibility JF Mezei <jfmezei.spamnot@vaxination.ca> - 2014-03-01 21:41 -0500
            Re: Tim Cook chooses social resonsibility Jolly Roger <jollyroger@pobox.com> - 2014-03-02 03:07 +0000
              Re: Tim Cook chooses social resonsibility JF Mezei <jfmezei.spamnot@vaxination.ca> - 2014-03-02 01:50 -0500
                Re: Tim Cook chooses social resonsibility Michelle Steiner <michelle@michelle.org> - 2014-03-02 08:08 -0700
                Re: Tim Cook chooses social resonsibility Jolly Roger <jollyroger@pobox.com> - 2014-03-02 16:21 +0000
                Re: Tim Cook chooses social responsibility George Kerby <ghost_topper@hotmail.com> - 2014-03-02 10:23 -0600
                Re: Tim Cook chooses social responsibility Michelle Steiner <michelle@michelle.org> - 2014-03-02 10:36 -0700
                Re: Tim Cook chooses social responsibility Kurt Ullman <kurtullman@yahoo.com> - 2014-03-02 12:48 -0500
                Re: Tim Cook chooses social responsibility Lewis <g.kreme@gmail.com.dontsendmecopies> - 2014-03-02 18:09 +0000
                Re: Tim Cook chooses social responsibility Michelle Steiner <michelle@michelle.org> - 2014-03-02 11:14 -0700
                Re: Tim Cook chooses social responsibility Lewis <g.kreme@gmail.com.dontsendmecopies> - 2014-03-02 18:09 +0000
                Re: Tim Cook chooses social responsibility Michelle Steiner <michelle@michelle.org> - 2014-03-02 11:17 -0700
            Re: Tim Cook chooses social resonsibility Your Name <YourName@YourISP.com> - 2014-03-02 17:06 +1300
              Re: Tim Cook chooses social resonsibility Jolly Roger <jollyroger@pobox.com> - 2014-03-02 16:25 +0000
                Re: Tim Cook chooses social resonsibility Michelle Steiner <michelle@michelle.org> - 2014-03-02 10:32 -0700
                Re: Tim Cook chooses social resonsibility Kurt Ullman <kurtullman@yahoo.com> - 2014-03-02 12:47 -0500
                Re: Tim Cook chooses social resonsibility Michelle Steiner <michelle@michelle.org> - 2014-03-02 11:10 -0700
                Re: Tim Cook chooses social resonsibility Kurt Ullman <kurtullman@yahoo.com> - 2014-03-02 13:12 -0500
                Re: Tim Cook chooses social resonsibility Kurt Ullman <kurtullman@yahoo.com> - 2014-03-02 13:18 -0500
                Re: Tim Cook chooses social resonsibility Michelle Steiner <michelle@michelle.org> - 2014-03-02 11:54 -0700
                Re: Tim Cook chooses social resonsibility George Kerby <ghost_topper@hotmail.com> - 2014-03-02 13:57 -0600
                Re: Tim Cook chooses social resonsibility JF Mezei <jfmezei.spamnot@vaxination.ca> - 2014-03-02 20:21 -0500
                Re: Tim Cook chooses social resonsibility Siri Cruz <chine.bleu@yahoo.com> - 2014-03-02 17:25 -0800
                Re: Tim Cook chooses social resonsibility Jolly Roger <jollyroger@pobox.com> - 2014-03-02 21:47 +0000
                Re: Tim Cook chooses social resonsibility Michelle Steiner <michelle@michelle.org> - 2014-03-02 17:56 -0700
                Re: Tim Cook chooses social resonsibility Jolly Roger <jollyroger@pobox.com> - 2014-03-03 01:17 +0000
                Re: Tim Cook chooses social resonsibility Kurt Ullman <kurtullman@yahoo.com> - 2014-03-02 21:30 -0500
              Re: Tim Cook chooses social resonsibility Lewis <g.kreme@gmail.com.dontsendmecopies> - 2014-03-02 18:07 +0000
                Re: Tim Cook chooses social resonsibility Jolly Roger <jollyroger@pobox.com> - 2014-03-02 21:48 +0000
                Re: Tim Cook chooses social resonsibility Alan Browne <alan.browne@FreelunchVideotron.ca> - 2014-03-02 18:19 -0500
                Re: Tim Cook chooses social resonsibility JF Mezei <jfmezei.spamnot@vaxination.ca> - 2014-03-02 20:25 -0500
              Re: Tim Cook chooses social resonsibility "D.F. Manno" <dfmanno@mail.com> - 2014-03-07 20:38 -0500
            Re: Tim Cook chooses social resonsibility Michelle Steiner <michelle@michelle.org> - 2014-03-01 21:37 -0700
              Re: Tim Cook chooses social resonsibility George Kerby <ghost_topper@hotmail.com> - 2014-03-02 10:13 -0600
                Re: Tim Cook chooses social resonsibility Jolly Roger <jollyroger@pobox.com> - 2014-03-02 16:23 +0000
                Re: Tim Cook chooses social resonsibility Kurt Ullman <kurtullman@yahoo.com> - 2014-03-02 12:02 -0500
                Re: Tim Cook chooses social resonsibility Michelle Steiner <michelle@michelle.org> - 2014-03-02 10:30 -0700
                Re: Tim Cook chooses social resonsibility Kurt Ullman <kurtullman@yahoo.com> - 2014-03-02 12:46 -0500
                Re: Tim Cook chooses social resonsibility Michelle Steiner <michelle@michelle.org> - 2014-03-02 11:09 -0700
                Re: Tim Cook chooses social resonsibility George Kerby <ghost_topper@hotmail.com> - 2014-03-02 14:03 -0600
                Re: Tim Cook chooses social resonsibility Jolly Roger <jollyroger@pobox.com> - 2014-03-02 21:45 +0000
                Re: Tim Cook chooses social resonsibility JF Mezei <jfmezei.spamnot@vaxination.ca> - 2014-03-02 20:15 -0500
                Re: Tim Cook chooses social resonsibility Jolly Roger <jollyroger@pobox.com> - 2014-03-03 01:18 +0000
                Re: Tim Cook chooses social resonsibility Michelle Steiner <michelle@michelle.org> - 2014-03-02 19:57 -0700
                Re: Tim Cook chooses social resonsibility Kurt Ullman <kurtullman@yahoo.com> - 2014-03-03 07:51 -0500
                Re: Tim Cook chooses social resonsibility Jolly Roger <jollyroger@pobox.com> - 2014-03-03 15:05 +0000
                Re: Tim Cook chooses social resonsibility Jolly Roger <jollyroger@pobox.com> - 2014-03-02 21:44 +0000
                Re: Tim Cook chooses social resonsibility Michelle Steiner <michelle@michelle.org> - 2014-03-02 17:55 -0700
                Re: Tim Cook chooses social resonsibility George Kerby <ghost_topper@hotmail.com> - 2014-03-02 13:56 -0600
                Re: Tim Cook chooses social resonsibility Kurt Ullman <kurtullman@yahoo.com> - 2014-03-02 15:49 -0500
                Re: Tim Cook chooses social resonsibility Michelle Steiner <michelle@michelle.org> - 2014-03-02 17:44 -0700
                Re: Tim Cook chooses social resonsibility Michelle Steiner <michelle@michelle.org> - 2014-03-02 10:29 -0700
            Re: Tim Cook chooses social resonsibility Lewis <g.kreme@gmail.com.dontsendmecopies> - 2014-03-02 05:19 +0000
        Re: Tim Cook chooses social resonsibility Michelle Steiner <michelle@michelle.org> - 2014-03-01 21:37 -0700
        Re: Tim Cook chooses social resonsibility Tim McNamara <timmcn@bitstream.net> - 2014-03-01 23:55 -0600
          Re: Tim Cook chooses social resonsibility Jolly Roger <jollyroger@pobox.com> - 2014-03-02 16:24 +0000
  Re: Tim Cook chooses social resonsibility Siri Cruz <chine.bleu@yahoo.com> - 2014-03-01 21:37 -0800
    Re: Tim Cook chooses social resonsibility Davoud <star@sky.net> - 2014-03-02 10:28 -0500
      Re: Tim Cook chooses social resonsibility Kurt Ullman <kurtullman@yahoo.com> - 2014-03-02 11:04 -0500
      Re: Tim Cook chooses social resonsibility Jolly Roger <jollyroger@pobox.com> - 2014-03-02 16:25 +0000
      Re: Tim Cook chooses social resonsibility Lewis <g.kreme@gmail.com.dontsendmecopies> - 2014-03-02 18:02 +0000
        Re: Tim Cook chooses social resonsibility Michelle Steiner <michelle@michelle.org> - 2014-03-02 11:10 -0700
          Re: Tim Cook chooses social resonsibility Siri Cruz <chine.bleu@yahoo.com> - 2014-03-02 11:26 -0800
          Re: Tim Cook chooses social resonsibility Lewis <g.kreme@gmail.com.dontsendmecopies> - 2014-03-02 22:19 +0000
            Re: Tim Cook chooses social resonsibility Michelle Steiner <michelle@michelle.org> - 2014-03-02 17:57 -0700
              Re: Tim Cook chooses social resonsibility Siri Cruz <chine.bleu@yahoo.com> - 2014-03-02 17:04 -0800
            Re: Tim Cook chooses social resonsibility "D.F. Manno" <dfmanno@mail.com> - 2014-03-07 20:25 -0500
              Re: Tim Cook chooses social resonsibility Michelle Steiner <michelle@michelle.org> - 2014-03-07 18:52 -0700
              Re: Tim Cook chooses social resonsibility Lewis <g.kreme@gmail.com.dontsendmecopies> - 2014-03-08 06:50 +0000
                Re: Tim Cook chooses social resonsibility George Kerby <ghost_topper@hotmail.com> - 2014-03-08 09:23 -0600
      Re: Tim Cook chooses social resonsibility Siri Cruz <chine.bleu@yahoo.com> - 2014-03-02 11:20 -0800
        Re: Tim Cook chooses social resonsibility JF Mezei <jfmezei.spamnot@vaxination.ca> - 2014-03-02 20:19 -0500
    Re: Tim Cook chooses social resonsibility George Kerby <ghost_topper@hotmail.com> - 2014-03-02 10:14 -0600
    Re: Tim Cook chooses social resonsibility Your Name <YourName@YourISP.com> - 2014-03-03 09:00 +1300
      Re: Tim Cook chooses social resonsibility George Kerby <ghost_topper@hotmail.com> - 2014-03-02 14:25 -0600
        Re: Tim Cook chooses social resonsibility Your Name <YourName@YourISP.com> - 2014-03-03 13:40 +1300
      Re: Tim Cook chooses social resonsibility Siri Cruz <chine.bleu@yahoo.com> - 2014-03-02 13:04 -0800
        Re: Tim Cook chooses social resonsibility Your Name <YourName@YourISP.com> - 2014-03-03 13:44 +1300
          Re: Tim Cook chooses social resonsibility Siri Cruz <chine.bleu@yahoo.com> - 2014-03-02 17:02 -0800
            Re: Tim Cook chooses social resonsibility Your Name <YourName@YourISP.com> - 2014-03-03 16:21 +1300

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