Additional Max Order Rumored
01-01-2021 | 02:46 PM
#301
Gets Weekends Off
Joined: Nov 2019
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01-01-2021 | 04:28 PM
#302
Line Holder
Joined: Nov 2006
Posts: 927
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From: This side of the dirt.
for those newer to the firm..... can you elaborate. I’m just curious more than anything else.
01-03-2021 | 01:11 PM
#303
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Joined: Sep 2007
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“the greatest revenue and the largest profit margins for Alaska”.
Important point that OTZ made.
Alaska is truly a boutique investment firm. What OTZ stated is their mission statement.
They are not in the jobs or comfort or transportation or employee business or any of the myriad other
things that people say and want out of their job.
Our CBA is a direct reflection of this mission statement.
We will be flying DC6’s or driving trucks if they bring in more revenue/profit.
To truly benefit from working here (like the SEA millionaires club)you have to align yourself with their principals.
So the max meets the mission...The end
Important point that OTZ made.
Alaska is truly a boutique investment firm. What OTZ stated is their mission statement.
They are not in the jobs or comfort or transportation or employee business or any of the myriad other
things that people say and want out of their job.
Our CBA is a direct reflection of this mission statement.
We will be flying DC6’s or driving trucks if they bring in more revenue/profit.
To truly benefit from working here (like the SEA millionaires club)you have to align yourself with their principals.
So the max meets the mission...The end
01-03-2021 | 05:37 PM
#304
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All publically traded companies exist to maximize returns for their owners (shareholders). Its the legal duties of the Officers and Directors.. Alaska, and frankly all airlines of note make their decisions from this perspective. Alaska is no different than any of its competition here.
01-03-2021 | 05:48 PM
#306
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All publically traded companies exist to maximize returns for their owners (shareholders). Its the legal duties of the Officers and Directors.. Alaska, and frankly all airlines of note make their decisions from this perspective. Alaska is no different than any of its competition here.
Third, corporate directors are not required to maximize shareholder value. As the U.S. Supreme Court recently stated, "modern corporate law does not require for-profit corporations to pursue profit at the expense of everything else, and many do not do so." ( BURWELL v. HOBBY LOBBY STORES, INC. ) In nearly all legal jurisdictions, disinterested and informed directors have the discretion to act in what they believe to be the interest of the business corporate entity, even if this differs from maximizing profits for present shareholders. Usually maximizing shareholder value is not a legal obligation, but the product of the pressure that activist shareholders, stock-based compensation schemes and financial markets impose on corporate directors.The Shareholder Value Myth , Eur. Fin. Rev. Lynn Stout (April 30, 2013)The Ideology of Shareholder Value Maxim (Watch), Evonomics
01-03-2021 | 05:52 PM
#307
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01-05-2021 | 07:19 AM
#309
Thread Starter
Prime Minister/Moderator
Joined: Jan 2006
Posts: 44,882
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From: Engines Turn or People Swim
There is a recent trend, away from short-term shareholder value at all costs...
https://www.cnbc.com/2019/08/19/the-...objective.html
But a publicly traded company cannot disregard shareholder value, or they won't have any shareholders.
https://www.cnbc.com/2019/08/19/the-...objective.html
But a publicly traded company cannot disregard shareholder value, or they won't have any shareholders.
01-05-2021 | 07:20 AM
#310
Thread Starter
Prime Minister/Moderator
Joined: Jan 2006
Posts: 44,882
Likes: 682
From: Engines Turn or People Swim
Private companies can do whatever they want. Public companies are subject to more legal boundaries, plus the shareholders have to be at least a significant consideration since managers ultimately work for the shareholders.
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