Quote:
Originally Posted by golfing eagles
Unbelievable. First of all , it is no longer a "proposal", it is a LAW.
Second, please explain how a law that prohibits the teaching of sexual orientation to 5-8 year old children affects their "employees and guests"?????
And third, for the 20th time, it is not the obligation of a publicly traded corporation to "state their opinion" and if they do there are possible consequences (such as rescinding the Reedy Creek special district and losing 35 billion in market capitalization), not to mention if their profit decreases due to their "stating their opinion" the entire board of Disney could be sued by its shareholders for breach of fiduciary responsibility.
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It was a proposal when they made the statement.
The question of how it is a problem has been answered 20 times in this thread alone, and you still bloviate about other stuff, so excuse me if I see n o reason to explain it a 21st time, since you obviously are not interested.
And last, YOU do not get to DICTATE how companies operate. YOU can vote with your dollars and your speech.
Disney is and has been for a long time what is called a Socially Responsible Corporation. So, this comment baby them is completely in line with their publicly held position that corporations have a responsibility to the public to be responsible. If someone owns stock and disagrees with that position, they should not hold stock.
But, you repeated assertion that corporations should not do this is just flat WRONG and BS. And anybody can sue anybody in this country, it seems to be even a recreational pastime. But, any stock holders that want to sue, certainly can, but they will be hard pressed to win, since over 10 years ago, Disney publicly stated their position. Like suing a company for selling Adidas when they were known to sell them before you bought the stock.
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