Word: stakes
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Dates: during 2000-2009
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...their letter, the Harvard professors endorse the intent of the proposed reform but push for revisions to the specifics of the proposal. Instead of the current reform’s rule that shareholders be able to nominate directors with as little as a one percent stake in the company, they proposed the bar to be eligible be raised to five to 10 percent ownership in the company for at least one year. Currently, the proposal requires only a one percent stake to nominate...
...Shareholder democracy doesn’t make a lot of sense,” said Bower. “The notion that the shareholder is a citizen with a stake and an understanding of the issues in a company is a bit theoretical or empty in my view...
...governments and the attention of aid groups, they are sometimes overlooked. In Colombia, most people live in the cities where security has improved. By contrast, the displaced are often impoverished Indians and Afro-Colombians who live in the most remote pockets of the countryside where few votes are at stake...
...from perfect - a concept car it revealed at the Paris auto show this year had its tires mounted backwards - but it received a boost last fall when American financial wizard Warren Buffett bought 10% of the company for $230 million, a stake that is now worth at least four times as much. "BYD is obviously way ahead of everyone," says Jack Perkowski, a Beijing-based businessman who has worked as an executive in the Chinese auto industry. "It has a core competency in the fundamental technology you need for electrics...
...German government has been negotiating with GM over Opel since March. The U.S. automaker wants Germany to provide state guarantees for Opel of up to $6.4 billion. In return, the Germans wanted GM to agree to sell a 55% stake in Opel to the Magna-Sberbank consortium. At first GM seemed to be playing ball. It spun off Opel into a trust to protect the Rüsselsheim-based manufacturer from GM's Chapter 11 proceedings in the U.S. (Read "Ron Bloom Monitors GM - and Eyes the Exit...