Sec settles mercury backdating brocade Webcam adult twoway
UNTIL SHAREHOLDERS CAN SEEK PERSONAL ACCOUNTABILITY OF DIRECTORS THROUGH AN ECONOMICALLY FEASIBLE PROCEDURE, MANAGEMENT AND DIRECTORS, THEIR FIDUCIARY DUTY TO SHAREHOLDERS NOTWITHSTANDING, WILL CONDUCT "BUSINESS AS USUAL." A RULE OF THE SECURITIES AND EXCHANGE COMMISSION ("SEC") HAVE CAUSED THE PROBLEM.
WE HAVE FILED A FORMAL PETITION FOR RULEMAKING AND SUPPLEMENTARY COMMENTS WITH THE SEC TO ELIMINATE THE RULE.
"RICHARD BREEDEN, FOUNDER OF ACTIVIST INVESTMENT FUND BREEDEN CAPITAL MANAGEMENT ...
LIKE MANY INVESTORS WHO TRY TO PRESSURE COMPANIES TO CHANGE STRATEGIES OR MANAGEMENT ...
"[T]hose in charge of our retirement accounts, pensions and savings: mutual funds and professional money management firms that, as institutional investors, control 70 percent of the shares of large public companies today.
Such an outsize stake means that the institutions wield great power and influence over corporate . (John C.) Bogle points out, few institutions have played an active role in board structure and governance, director elections, executive compensation, stock options proxy proposals or dividend policies at the companies they own.
") "DEMOCRACY IS ONE OF THOSE FUNNY CONCEPTS THAT MOST PEOPLE SUPPORT UNTIL THERE'S A DANGER THEY WON'T WIN." (CBS. "DIRECTORS, OF COURSE, HAVE A FIDUCIARY DUTY TO LOOK OUT FOR SHAREHOLDERS.
TO A GREAT DEGREE, CORPORATIONS CONTROL THE QUALITY OF THE FOOD WE EAT, THE AIR WE BREATHE, THE POLITICAL CANDIDATES TO WHOM SUBSTANTIAL FUNDS ARE CONTRIBUTED, AND, ULTIMATELY, THE THOUGHTS WE THINK.
'This would have implications for executive compensation, nominating directors, and other corporate governance matters. Bogle doesn't think that the mutual fund industry will rush to embrace his idea.Unfortunately, those of you who have linked to this site on your Favorites or Bookmarks page will need to change the links to the new site, which can be found at this address: Anyone who would like to receive email notifications of new posts on the new site should use the "Subscribe" dialog box in the right-hand column on the new site’s home page. ") THE PERFORMANCE OF CORPORATE DIRECTORS WILL ONLY IMPROVE WHEN THEY CAN BE HELD PERSONALLY ACCOUNTABLE TO SHAREHOLDERS FOR THEIR ACTIONS, E. INSTEAD, MANY DIRECTORS HAVE SIMPLY SERVED AS RUBBER STAMPS FOR THE CHIEF EXECUTIVES THEY ARE SUPPOSED TO BE OVERSEEING." (NYT, 11/1/09, "WHEN SHAREHOLDERS CRACK THE WHIP")"DONALD TRUMP MAY HAVE POPULARIZED THE PHRASE 'YOU'RE FIRED,' BUT IT SEEMS THAT ONCE YOU'VE REACHED CERTAIN RAREFIED STRATA IN AMERICAN LIFE --- FAR, FAR REMOVED FROM A MERE APPRENTICESHIP --- THERE IS LITTLE DANGER OF BEING HELD ACCOUNTABLE FOR YOUR ACTIONS." (LOS ANGELES TIMES, 12/8/04, "YOU'RE [NOT] FIRED!
CORPORATIONS EXERCISE SUBSTANTIAL CONTROL OVER OUR DAILY LIVES AND THE LIVES OF OUR CHILDREN.