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Power to the Owners; Shareholder Rights
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 406 no. 8826 (Mar. 2013)
,
page 13-14.
Topik:
Shareholder Activism
;
Boards of Directors
;
Trends
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.75
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Until recently, the only unpredictable thing about a company annual meeting was what sort of canapes would be served after the "yes" vote. This has started to change. Boards of public firms now lose votes occasionally, though not yet often enough to justify talk of a "shareholder spring". Still, the annual shareholder proxy season now getting under way in America could be the liveliest ever . The bosses of Apple and Disney have drawn flak not only for their strategies but also for their pay. Activist shareholders are on the march. About time, too. Shareholders own companies. Managers and directors should serve them. If the owners do not like the way their servants are performing, they have a right to do something about it. Trying to improve the way a firm is run is more constructive than the traditional "Wall Street walk", whereby disgruntled shareholders simply sell their shares. Yet shareholder activists are unloved.
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