In Reply to: We'll have to wait and see.... posted by AbeCollins on November 28, 2023 at 12:48:57:
No such thing. All the underling entities are subject to the whims of the ultimate owner.
Harman will likely manage Roon so as to extract maximum profit for the parent company and its shareholders. If not, then Harman is not doing its job.
I am a strong believer in doing business with companies that are NOT publicly owned. The management of publicly owned companies are beholden to the shareholders, not the customers. So buy your goods from privately owned outfits insofar as you can.
Lack of skill dictates economy of style. - Joey Ramone
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Follow Ups
- Independent subsidiary? - Mike K 13:32:31 11/28/23 (7)
- unfortunately privately held companies often exist mostly to benefit their stakeholders, too... - mhardy6647 17:46:34 12/11/23 (0)
- extract maximum profit for the parent company and its shareholders. - ltman 14:58:48 12/02/23 (1)
- RE: extract maximum profit for the parent company and its shareholders. - AbeCollins 15:59:36 12/03/23 (0)
- RE: Independent subsidiary? - AbeCollins 22:00:39 11/28/23 (3)
- Exactly... - Ivan303 05:51:11 11/29/23 (2)
- It will be interest to watch what happens - mlsstl 06:40:44 11/29/23 (1)
- RE: It will be interest to watch what happens - AbeCollins 07:32:56 11/29/23 (0)