Nell Minow Quotes (17 Quotes)

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.

I was surprised. If they were just neglectful they would do a better job than this. It's beyond neglectful. It's a conflict of interest problem.

They got the words right and the substance wrong, ... I'm very disappointed.

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

You cannot be on the board of directors and also be doing investment banking work for the company. I don't care if he steps out of the room or not. You cannot be the umpire and the pitcher in the same game.

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.

It's considered an atrocity now. Unless he says he'll take care of everyone, he won't get that.

Usually, 100,000 invested in the company is enough to make them pay attention.

You're supposed to tell the truth and be open and transparent and candid about your prospects -- not obfuscate.

You'd think they'd be bending over backwards to make sure that anybody they brought in at this point was squeaky clean.

I'd dreamed of rating boards from Triple A to junk, like bonds, because boards are a risk factor that no one was paying attention to.

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.

It's a very serious concern that nobody's paying attention to.

It's thrilling because Disney has made a lot of progress but still has a lot to prove to shareholders, and this is tremendously enhancing to their credibility with shareholders.

And we know what a risk factor that is. It produces the kinds of problems that we are seeing at AIG failures of integrity and financial reporting.

This could go any number of ways it could be weeks before this is over.

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.