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David Kramer’s high-entropy blog

What does your company maximize?

I heard a CEO say the other day that “Charity is not a business model”.  I’m not so sure that’s the case, but it got me thinking.  And researching.  It turns out that companies (and their executives) are not legally bound  to maximize shareholder profits, as many people (including myself, until now) think.  Businesses can form to, and focus on, maximize any collection criteria they want.

Read on…

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