Sentences with phrase «by public shareholders»

There are lots of protections that have evolved against the risk of being bossed around, or fired, by public shareholders.

Not exact matches

The fight for Canadian Pacific Railway by its largest shareholder, Pershing Square Capital Management, epitomizes a growing problem with public company governance.

The Bay, which owns Zellers, was a public Canadian company until its takeover by a U.S. - based shareholder in 2006.

Since he announced his plan to retire in February, US shareholders such as Fidelity and Lazard have reduced their stakes by at least 1 per cent, according to public filings.

Since then, not much has been explained by the company to the investing public about what exactly happened, and shareholders may never get a clear answer — or their money.

The Wall Street Journal argues otherwise, citing a 100 - page deal memo from Goldman Sachs that indicates Facebook intends to pass that key shareholder threshold, positioning it to either disclose financial results or go public by April 2012.

By allowing certain stock to have more voting power than other stock our company takes our public shareholder money but does not let us have an equal voice in our company's management.

One lawsuit filed yesterday in Northern California on behalf of a Facebook shareholder, Jeremiah Hallisey, alleges the company's senior management «breached their fiduciary duties by failing to prevent the initial misappropriation [of user data by CA] and, after learning of it in 2015, failing to inform affected Facebook users or the public markets».

A 2001 survey by the NACD and Institutional Shareholder Services of 5,000 public company boards shows that 99 % have audit committees, and 91 % have compensation committees.

Part 1: Combined stock repurchases by U.S. public companies have reached record levels, a Reuters analysis finds, but as the recent history of such iconic businesses as Hewlett - Packard and IBM suggests, showering cash on shareholders may exact a long - term toll.

Investors are not particularly skeptical of proposals by unions and public pensions, but appear to view proposals by individual «gadfly» shareholders as value - destroying.

I guess the lesson of Travis Kalanick's resignation as chief executive officer of Uber Technologies Inc. is that you can be the visionary founder of a massive company, stay private to avoid the pressures of the public market, keep control of a majority of the voting power of the shares, and still be forced out in a boardroom coup led by activist shareholders:

However, I think the awareness - raising effort is primarily directed at the public, and in particular those who can, by way of investment choices (whether as a shareholder or a tourist), put economic pressure on those decision - makers.

There are many other tactics shareowners use as levers including, investor statements endorsed by a broad group of institutional investors; direct outreach to other shareholders; proxy voting services; and other investment advisors to gain support for specific shareholder proposals; and, outreach to consumers and the press as a way to draw public attention to an issue or a company.

While Japanese companies are no stranger to shareholder proposals, proponents are often perceived by companies and the public as short - term oriented investors.

excerpt: «After being pestered for years by shareholder activists, Exxon has agreed to produce a public document on its «carbon asset risk.»

Tribune Publishing's nondisclosure agreement would require Gannett to «effectively cease» its proxy campaign asking Tribune Publishing shareholders to withhold support for directors or other public pursuit of a transaction, according to a statement issued by Gannett Monday.

As such, by limiting the currently available data as contained within the new law would make harder the already tedious «sifting through often - byzantine layers of shell companies and nominee shareholders to identify the true owners of certain assets,» and the ability for third parties to add information to the public sphere and marketplace of ideas is unnecessarily curtailed.

Another large shareholder is Zeev Bronfeld, wit a 6 % stake, the remainder being mainly held by the general public.

The collaboration between Bloomberg and CMi2i will combine public shareholder information collected by Bloomberg with CMi2i's bespoke collection and analysis of non-public shareholder data.

«To ensure public shareholders are not disadvantaged, any takeover bid would need to be put to a shareholder vote and any recommendation by the board would have to be based on an appropriate premium as well as safeguards for future probity given past track records of the businesses controlled by the Murdoch family», said Kieran Quinn, chairman of Britain's Local Authority Pension Fund Forum (LAPFF).

As part of the deal, said one person familiar with it, Uber would be required to go public by late 2019, or otherwise allow early and large shareholders to sell their stock freely to interested parties.

All IRC section 501 (c)(3) organizations, including churches and religious organizations, must abide by certain rules: ■ their net earnings may not inure to any private shareholder or individual, ■ they must not provide a substantial benefit to private interests, ■ they must not devote a substantial part of their activities to attempting to influence legislation, ■ they must not participate in, or intervene in, any political campaign on behalf of (or in opposition to) any candidate for public office, and ■ the organization's purposes and activities may

Moreover, because their numbers will be growing and their legal rights will be in no way diminished by their decrepitude, they will soon be majority shareholders in all public and most private goods.

«Fonterra can comfortably pursue both [higher milk prices and shareholder returns] because its milk price is rules - based and subject to oversight by a panel chaired by an independent director of Fonterra [and with a majority of its members being independent] coupled with oversight by NZ's competition regulator through a very public process,» he said.

A selection of the messages posted by the public to Nestlé 150th anniversary hashtag were displayed where the shareholder buses arrived (image above and left).

In this environment, large public companies almost inevitably appear as hierarchies based on the absolute power of the Board of Directors, driven by the ethos of short - term gain for executives and corporate shareholders.

The shareholders also authorised that the additional capital of N100bn should be raised by way of a public offering, rights issue or any other method deemed fit by the board in local or international market or the combination of both.

Privatization of libraries, hospitals, prisons, and other basic services had long been hailed by those on the political right, but how could one persuade entire communities to hand over their children and their public schools to private sector corporations, some of which hoped to turn a profit off their children, in order to reward their shareholders?

Calculated by starting with a firm's total outstanding shares and subtracting a) closely - held shares (major shareholders and employee) and b) restricted stock (insider shares that can not be traded because of a temporary restriction such as the lock - up period after an initial public offering).

He has argued that failed banks should not be bailed out, Lehman's collapse was not a disaster, AIG should be declared bankrupt, that naked short selling is not a problem, that backdating isn't so bad, insider trading should be legal, many corporate CEOs are underpaid, global solutions are worse than local solutions, Warren Buffett is overrated, Michael Milken is a great American, the collapse of the hedge fund was not a scandal, hedge funds are over-regulated, education is overrated by the educated, bonuses at successful Wall Street's firms are deserved and possibly undersized, management buyouts are boons to the economy, Enron's management was victimized by an over-zealous prosecution, Sarbanes - Oxley should be repealed, corporate compliance culture is a disaster, shareholder democracy is overrated, hostile takeovers ought to be revived, the market is permanently moving away from public ownership of equity in corporations, private partnerships are on the rise, public ignorance is encouraged and manipulated by governments and corporations, experts overrate expertise, regulatory agencies are controlled by the businesses they supposedly regulate and Wall Street is much more fun than people give it credit for.

Mutual life insurance companies are preferable when researching the ideal permanent life insurance for infinite banking in our humble opinion because they are owned by the policy holders, rather than the public shareholders.

In that case, Starwood's former public shareholders will not receive the dividend declared by Starwood's board of directors on September 13th, 2016.

It is an attempt to highlight the invisible violence that underpins the international industry of death and suffering: the commercial and government complicity that allows for weapons to be made and sold by public companies for shareholder profit; the laws banning assault rifles which go neglected; and the films and video - games which depict trigger - happy heroes.

Shareholder resolutions are filed by a wide variety of institutional investors, including public pension funds, faith - based investors, socially responsible mutual funds, and labor unions.

This provides protection to both the shareholders (who have some protection against abuse by the directors) and the public — who can have some confidence that doing business with the company will not cause them loss through imminent bankruptcy of their counterparty.

While investigators have been looking into what Exxon knew about climate change and what it said about it to the public and shareholders for some time, recent investigative news reports by InsideClimate News and the Los Angeles Times made the issue «more ripe,» the person said.

Thus, many «green energy» projects are driven by public relations objectives rather than by sound business decisions that benefit customers or shareholders.

What is clear that state attorneys general and shareholders will continue to push for proper disclosure of climate change risks by fossil fuel and utility companies, in order to protect investors and the broader public from being deceived.

, «The SEC also indicates that there have been increasing requests for climate - related disclosures by shareholders of public companies.»

Furthermore, Sullivan & Cromwell have explained that, «The SEC also indicates that there have been increasing requests for climate - related disclosures by shareholders of public companies.»

The New York and Massachusetts investigations focus on whether past statements by Exxon questioning climate change science and downplaying its risks to the company constituted a form of fraud against its shareholders or the public.

Significant progress in reducing emissions and limiting climate change could be achieved if companies 1) unequivocally communicate to the public, shareholders, and policymakers the climate risks resulting from continued use of their products, and therefore the need for restrictions on greenhouse gas emissions consistent with the 2 °C global temperature target; 2) firmly reject contrary claims by industry trade associations and lobbying groups; and, 3) accelerate their transition to the production of low - carbon energy.

Instead, times have changed, Sonsini's infant companies have gone public and the practices that were considered acceptable have changed, now that those companies are regulated by the SEC and owe a fiduciary duty to thousands of investors and shareholders.

However, if the Member State has been able to provide the Commission with the requisite evidence, «it is for the Commission to carry out a global assessment, taking into account — in addition to the evidence provided by that Member State — all other relevant evidence enabling it to determine whether the Member State took the measure in question in its capacity as shareholder or as a public authority.

The Court indeed starts by recalling its case - law according to which «in order to assess whether the same measure would have been adopted in normal market conditions by a private investor in a situation as close as possible to that of the State, only the benefits and obligations linked to the situation of the State as shareholder — to the exclusion of those linked to its situation as a public authority — are to be taken into account.»

In this respect, the AG rightly recalls that, if this were true, the imputability to the State would not inevitably follow as Stardust Marine teaches us that, in case of decisions taken by public undertakings, the imputability to the State must be demonstrated by establishing «the actual exercise by the State of the supervisory powers which its status as majority shareholder confers upon it» or «the actual involvement of the public authorities» (para 99) in the adoption of the decision.

Representing board of directors of a public insurance company in defense of three expedited shareholder injunction actions involving an unsolicited tender offer made by the company's majority shareholder.

Zivkovic Samardzic has advised the joint - stock public company that owns and operates the Belgrade Nikola Tesla Airport on its share capital increase through contribution of 28 real estate properties owned by its majority shareholder — the Republic of Serbia.

the classification of the intervention as a decision adopted by a shareholder of the undertaking in question» is decisive for the applicability of the private investor test to a public intervention.