It's a very serious concern that nobody's paying attention to.
More Quotes from Nell Minow:
I'm not saying that everyone has to agree with our grades, but the burden of proof should be on (the funds) to explain what they see in these companies that we don't.Nell Minow
I think the change is significant -- and troubling. For one thing, it is in addition to the other termination payments, which the first one was not. And it is larger, for no apparent reason. Are they expecting a change of control
Nell Minow
This report brings to light the role mutual funds play in enabling excessive compensation and helps investors determine which ones are committed to shareholder value and merit their business. The time is now for mutual funds to use their voting power in the interest of shareholders to tie executive pay to actual job performance.
Nell Minow
He is not the chairman of a public corporation. He doesn't create shareholder value. He is essentially a regulator, and he is running an unregulated monopoly in a way.
Nell Minow
They got the words right and the substance wrong, ... I'm very disappointed.
Nell Minow
In the post-Enron era, we have seen reforms from just about everybody -- from the Congress, from the (Securities and Exchange Commission) and from the stock exchanges, ... Everybody has stepped up to the plate except for the Delaware courts.
Nell Minow
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