In: Finance
Why did william shlensky believe that the directors did not use good judgement?
William Shlensky wanted Baseball matches to be played under
flood lights to increase the sales of tickets in the baseball
matches and hence increasing revenue. Other teams ha started using
floodlights which resulted in higher attendance in baseball matches
which where played in weekdays.
Shlensky believed that the directors were influenced by personal
bias rather than good judgement in not allowing floodlights in the
matches. The directors argued that it would affect the neighborhood
which would be affected by lights at night .Moreover the belief
that baseball was a day game was personal bias which ignored the
rights of shareholders . The less revenue as compared to other
teams and lesser attendance in matches clearly showed the lack of
judgement by the directors.