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There is no law or really good principle that suggests that shareholder profits matter above aspects such as ethics; that is just a misrepresentation of something a famous economist said.

It matters for the very obvious reason that a less senior employee may feel pressured or may lose their job when the relationship ends, that usually office affairs result in other employees feeling compelled to keep secrets, that it may result in others losing out on promotions to the employee in the affair, that they often result in abuse of resources, because it opens everyone up to blackmail, that it’s a display of bad judgement and ethics, etc. etc.

It’s nothing at all to do with political correctness.

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They were talking about "underlings" who have to "obey their masters" and supposedly don't matter, while those "masters" are not "fully human" if they let anyone impose rules on their "rule making". It is the kind of talk that makes you want to cover your drink.
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I read it as sarcastic pointing out the hypocrisy, and that they're fully in support of free will for anyone to pursue relationships they want at all levels. You could disagree with the latter, but the starting point doesn't seem like what you suggest
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I am merely saying, if you fire a CEO because of, say, him having a relationship with an underling, you are saying: "there are arbitrary things more important than profitability".

I am not sure it makes sense given why companies exist in the capitalist system. Stockholders, I'd think, on average care more about the returns less whether the CEO is a likable character.

The real problem is potentially illegal behavior, of course.

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Even in purest capitalist sense, romantic relationships cloud judgement and point at a possibility (inevitability?) that people in question (CEOs, managers, owners, board members) will do that again thus increasing the risk to the business.

This ignores the direct consequences like "worse" employees getting promoted (affecting business) or put in charge, or like in this case, potential national security issues.

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> arbitrary things

I'm sure Jenson knew sleeping with his direct reports was wrong. And that plenty of CEOs got fired for that. Nothing arbitrary about that.

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His dick cost people hundreds of millions of dollars in shareholder value and this is about the worst case scenario outside of maybe a true sexual misconduct lawsuit coming against him. Like with your thinking taken to an extreme, if he murdered someone he should keep his title and run the company from jail because it doesn’t make him a bad engineer and we don’t want to bow to woke?

How does it NOT make business sense to consider firing bim here (outside of manosphere thinking)?

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Having an affair vs. killing someone is materially different - one is legal, the other is not.

I am not debating the spying, smuggling angle here; but it this was just the affair, its a decision by the board, whereas if he run over an elderly lady at a crossing, its no longer a choice - law is law.

Btw, re: ad hominem 'manosphere' or 'woke' whatever. I have nothing to do with either.

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