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To me the most important thing this does is force the conversation with management and allow everyone to get on the same page. Even in companies where they are not registered this way.

Treynor, one of the great finance minds of our time argues in one of his writings that management at a large firm can be more responsible for balancing the interests of all stakeholders rather than simply maximizing profits.

I believe that idea should be discussed more rather than simply accepting the idea that profit should always come first.



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