Stakeholder Capitalism & The Corporate KPI Cult

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2024-12-14 02:00:50 -

https://thewashingtonstandard.com/stakeholder-capitalism-the-corporate-kpi-cult/

THEWASHINGTONSTANDARD.COM

Stakeholder Capitalism & The Corporate KPI Cult - The Washington Standard

In private business “[t]here is no need to limit the discretion of subordinates by any rules or regulations other than that underlying all business activities, namely, to render their operations profitable.”—Ludwig von Mises, Bureaucracy, p. 46 In this quote from his classic 1944 book Bureaucracy, Mises explains why private, for-profit businesses need not, and ...

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