In Light of Everything That Has Happened at Boeing...
The real story is how putting shareholders first backfired
The legacy of Boeing might be why putting shareholders first isn’t always the right call.
This chart above, published in 2021 in Dollars & Sense, pretty much says it all. And not surprisingly, it very much aligns with growing problems at the big aircraft manufacturer.
In an obvious effort to prop up its stock, the company spent more on shareholders than reinvesting in the company.
And it worked… until it didn’t!