«This does not
mean shareholder power is a «dead duck».
Not exact matches
This
means a corporate board acts as the 51 % percent
shareholder and assigns full financial, operational and management control of the entity to the managing family office, normally via a
Power of Attorney granted to the General Manager.
«With their own sizable investment portfolios, most public companies could use their
power as
shareholders to urge public companies and asset managers to take a relentlessly long - term focus... That may
mean using performance benchmarks over three -, five - and even 10 - year periods, in addition to shorter period benchmarks.»
kronkes influence over the club is minimal at best how many decisions does he actually make in the public club domain that we all know of, i am only guessing here but just because he is majority
shareholder it doesn't
mean he can just do what he wants without the other board members say so, i suppose the rest of the board would vote him out of
power and liquidate his shares if he did something really wrong like leveraged the club against a big debt.
Assuming the
powers that be in the US don't have any issue with this deal and it moves forward as proposed, what does it
mean for me as a
shareholder?
Accordingly, it follows from all of the foregoing that, in view of the objectives underlying Article [107 (1) TFEU] and the private investor test, an economic advantage must — even where it has been granted through fiscal
means — be assessed inter alia in the light of the private investor test, if, on conclusion of the global assessment that may be required, it appears that, notwithstanding the fact that the
means used were instruments of State
power, the Member State concerned conferred that advantage in its capacity as
shareholder of the undertaking belonging to it.»