Word: shareholdersã
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...Court understood what the research out there really meant.” The case has caught the spotlight in the legal community because of public discussion surrounding executive pay. But even if the Supreme Court were to overturn the Seventh Circuit’s decision and side with the shareholders??which could hold symbolic meaning—the implications of the case are limited because the law is only applicable to mutual funds, said Coates and Ramseyer. The case also sparked an extremely rare disagreement between Easterbrook and Judge Richard A. Posner, who typically vote together, according...
...professors—a group of Law School and Business School experts on corporate governance—argue in a letter sent to the SEC in mid-August that any proposal to increase shareholders?? influence on board member selection needs to be more restrictive. They wrote that speculators and raiders—the kind epitomized by “Wall Street’s” Gordon Gekko—have little long-term interest in a given company and may sacrifice long-term viability for short-term profits...
...oversimplification, efforts to force the administration to recognize layoffs as ruinous events in individual lives rather than mere statistics have a place in this debate. That those individuals may be recent immigrants with limited education makes it more urgent. A publicly traded company has a fiduciary duty to its shareholders??by law, it must care only about their good; a nonprofit organization has made a commitment to be run for the general social good. As such, the meaning of this goal is a matter for public, not private, debate, and having a valuable opinion on it does...
...professors. While the Faculty can assert intellectual property rights over reading lists, the Coop cannot. Moreover, the Coop, as a cooperative, exists to serve the student community (everyone with a Coop card technically owns part of the cooperative), and jealously guarding ISBNs seems contrary to its shareholders?? interests. Students should be able to take down ISBNs freely without Coop employees nervously pacing around them...
...title, the documentary is noticeably dirt-free and stays clear of the controversy over organic farming. Casting community farming as the savior of American farms over evil big business, Siegel glosses over certain questions—for instance, what is the role of the wealthy urban “shareholders?? who apparently fund the operation...