The purpose of the corporation must be redefined as creating shared value, not just profit per se. This will drive the next wave of innovation and productivity growth in the global economy.
— Michael Porter
Emotional Profit Sharing quotations
We need real tax reform which makes the rich and profitable corporations begin to pay their fair share of taxes. We need a tax system which is fair and progressive. Children should not go hungry in this country while profitable corporations and the wealthy avoid their tax responsibilities by stashing their money in the Cayman Islands.
Profit sharing in the form of stock distributions to workers would help to democratize the ownership of America's vast corporate wealth which is today appallingly undemocratic and unhealthy.
What makes stocks valuable in the long run isn't the market.
It's the profitability of the shares in the companies you own. As corporate profits increase, corporations become more valuable and sooner or later, their shares will sell for a higher price.
We are determined not to take as the aim of our life fame, profit, wealth, or sensual pleasure, nor to accumulate wealth while millions are hungry and dying. We are committed to living simply and sharing our time, energy, and material resources with those who are in need.
The establishment people tell us that if the workers wanted to share the profits, it was called communism. When management wants to share profits, it's called a bonus.
People share a universal behavioural trait: if there are profits to be made, the effort to get that money will attract investment. This is true in the private sector, the market sector, as well as the public sector.
When you have mega-corporations that have record profits, but they don't want to share even a little bit of that with their workers, we are actually putting our communities at peril.
A lot of share-buying, not bargain-seeking, is designed to prop stock prices up.
Thirty to 40 years ago, it was very profitable to look at companies that were aggressively buying their own shares. They were motivated simply to buy below what it was worth.
Bananas are great, as I believe them to be the only known cure for existential dread. Also, Mother Teresa said that in India, a woman dying in the street will share her banana with anyone who needs it, whereas in America, people amass and hoard as many bananas as they can to sell for an exorbitant profit. So half of them go bad, anyway.
Employers able to work together with workers and sharing gains and profits will lead to a much better world, getting away from income inequality.
Japanese tend to put sales and market share first.
They make many products with the aim of raising sales. But then profits decline, and companies find themselves falling into debt... I changed the mindset at Canon by getting people to realize that profits come first.
Just as important, we need a new dedication to opening avenues for employee participation and motivation through profit-sharing and innovative programs of job enrichment.
Thus a new way of finding fluidity will inevitably be imposed on management and labor alike. The profit-sharing, or "progress" sharing union contract is the only possible way of satisfying labor and the consumer without saddling industry with fixed costs that in depression periods can kill off marginal companies like flies.
Our people get profit-sharing checks.
I got a report the other day that says that 84 percent of our people participate in our stock purchase program, where they can buy stock at a 15 percent discount.
For equity markets, the combination of low interest rates, strong economic growth and low inflation has proved very beneficial, with global share markets rising solidly in each of the past three years. This has been underpinned by strong growth in profits so that, notwithstanding the rise in share prices, P/E ratios have been declining on average.
The survey findings reflect the growing trend toward incentive compensation programs as a way for employers to share the wealth with workers, ... Roughly 80 percent of those surveyed offer bonus programs and 401(k) or profit-sharing plans . . . as they compete for the best and brightest workforce.
What is a socialist? One who has yearnings To share equal profits from unequal earnings.
A wage hike is very hard to take away, but bonuses and profit-sharing can disappear very quickly in hard times...More people are realizing that bonuses look like raises, but really aren't.
I believe in an America in which the fruits of productivity and prosperity are shared by all, by workers as well as owners, by those at the bottom as well as those at the top; an America in which the sacrifices required by national security are shared by all, by profiteers in the back offices as well as volunteers on the front lines.
Imperialism was genuinely popular among Athenians who would expect to share in its profits, even if only indirectly and collectively, and not to have to bear its burdens.
A historic investment in jobs, debt-free college, profit sharing, making those at the top pay their fair share, putting families first in a modern economy and a democracy where working people's voices are actually heard. That is what we are fighting for in this election.
Share your profits with all your associates, and treat them as partners.
In turn, they will treat you as a partner, and together you will all perform beyond your wildest expectations.
I want to see more companies do profit-sharing.
If you help create the profits, you should be able to share in them, not just the executives at the top.
No one who is in business for profit can foist his or her beliefs on a workforce that includes many people who do not share those beliefs.
[Simon Segars ] came by a few times.I told him, "If you understand the future of the internet of things that much, then you should add more engineers and go on the offensive." Simon had explained to analysts and others that he intended to do that sort of forward-looking investment, but he said it's tough for a listed company considering its share price falls if profits drop.
People work hard and companies make big profits, but employees don't see that they share in the wealth they help to create.
I don`t think most people would want me to have a business relationship as a senator where my business partners can reap the benefit of my position and I one day get the share the profits.
If you help create the profits, you should be able to share in them, not just the executives at the top.
The US is to an unusual extent a business-run society, where short-term concerns of profit and market share displace rational planning.
We began to temper Western democracy with what I'd call a social contract.
We put in Social Security, graduated income tax, workers' compensation. We developed strong unions to negotiate with business owners so workers got an equitable share of the profits.
Imperialism was genuinely popular among Athenians who would expect to share in its profits, even if only indirectly and collectively, and not to have to bear its burdens.
I have come to believe over and over again that what is most important to me must be spoken, made verbal and shared, even at the risk of having it bruised or misunderstood. That the speaking profits me, beyond any other effect....what I most regretted were my silences. Of what had I ever been afraid? ...Death on the other hand, is the final silence...my silences had not protected me. Your silences will not protect you.
Some corporations don't want free markets, and they don't want democracy.
They want profits. And they use our campaign finance system to loot our commons, to steal from our treasury, and the other shared resources of our community - the air, the water, the public lands, the wildlife, the things that belong to all of us that are held in trust for future generations. Corporations cannot act philanthropically in America.
And maybe the cereal makers by and large have learned to be less crazy about fighting for market share-because if you get even one person who's hell-bent on gaining market share.... For example, if I were Kellogg and I decided that I had to have 60% of the market, I think I could take most of the profit out of cereals. I'd ruin Kellogg in the process. But I think I could do it.