Those are big numbers. Almost a third of the shareholders who voted are expressing discontent.
More Quotes from Charles Elson:
A few years ago, something that appeared incorrect might not be changed. Today, with heightened concern over complete accuracy, the definition of materiality has gotten a lot broader.Charles Elson
When they pressure management to defend itself, it creates greater accountability. It forces management to explain its reasoning. The other shareholders can make up their minds whether they agree or disagree. Let the shareholders decide.
Charles Elson
From a shareholder standpoint, it's not a particularly clear pond.
Charles Elson
It's a novel idea. Where it's unique is that if directors don't meet internally based targets, they get nothing.
Charles Elson
Because of a greater focus on governance, the resignation of a director certainly has a greater weight attached to it. Boards have greater power. In the past, directors just faded into the sunset.
Charles Elson
The fact that directors might go without pay is meaningful. It shows, on the part of the directors, confidence that the company has a good future.
Charles Elson
Readers Who Like This Quotation Also Like:
I'm very envious of the few artists who are any good and still do portraits.Howard Hodgkin
It doesn't say anywhere in the Constitution this idea of the separation of church and state.
Sean Hannity
I don't know what it takes to make marriage work, but I'm going to keep trying until I get it right. I haven't given up on love or marriage.
Stephanie Mills