Companies are made up of and run by people and the decisions made by those peopl... | Hacker News

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		aardshark on Jan 14, 2021 \| parent \| context \| favorite \| on: Apple removes first-party firewall exemption in ma... Companies are made up of and run by people and the decisions made by those people are not necessarily solely profit-driven. That doesn't mean that making money is not important to these people; of course it is. But it's not the only factor.

catmanjan on Jan 14, 2021 [–]

Corporations are owned by shareholders, aren't they the ones who ultimately make decisions?

fennecfoxen on Jan 14, 2021 | [–]

Only nominally. In practice you will have a board and executives and managers who are subject to the conflicts of interest inherent to the principal-agent relationship. This is a major problem of economics.

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