The insinuation is that Balsillie, along with Lazaridis, dominate a weak and
ineffectual board, thereby preventing it from tossing them out.
Not exact matches
Critics complain «say on pay» votes are
ineffectual because
boards aren't bound to the results, but of the 53 U.S. companies for whom shareholders rejected compensation plans in 2012, 45 made changes and got positive votes the following year, according to Institutional Shareholder Services.
How the complaint will be handled by the state
Board of Elections, whose enforcement power is widely seen as
ineffectual, remains to be seen.
The state report accompanying New York's report card singles out the
ineffectual State
Board of Elections for special criticism.
The most pointed of the resignation letters is Libeskind's, which portrays the
board of trustees as a dysfunctional and
ineffectual entity.