This is an attempt to boost Disney's stock price.
Major institutional shareholders who hold blocks of stock in a company only care about the price of that company's stock.
It used to be that success in big business would be measured by how big a company was, how much of a market share in that industry that company had, and how much profit a company made.
Today, all that matters is "Shareholder Value". Translated, it means Stock Price.
Major institutional shareholders who hold blocks of stock in a company only care about the price of that company's stock.
It used to be that success in big business would be measured by how big a company was, how much of a market share in that industry that company had, and how much profit a company made.
Today, all that matters is "Shareholder Value". Translated, it means Stock Price.