Sentences with phrase «of shareholder interests»

In our current market system, company managers and boards can do almost anything they want regardless of shareholder interests.

We are writing to express our frustration with recent developments at Avigen, particularly with what we perceive to be this Board's self - serving actions and disregard of shareholder interests.

Fund screeners, especially fee - based ones, often let you select from additional categories such as analyst ratings, risk / volatility, stewardship of shareholder interest, insider investing, tax efficiency, comparison to indexes, and more.

There is also an increased need for legal services in connection with the protection of shareholder interest in proper compensation for damages causally related to the false or misleading statements of a company on a certain subject.

Not exact matches

Shari Redstone, meanwhile, said in a statement released after Dauman's appointment that she would «continue to advocate for what she believes to be in the best interests of Viacom shareholders.»

Acquisition May Not Be in the Best Interests of DCT Shareholders

In a statement, Viacom lead director Salerno, among the directors targeted for removal, called Thursday's action a «brazen and demonstrably invalid attempt» by Shari Redstone «to gain control of Viacom and its management in disregard of Sumner Redstone's wishes,» at odds with the board's efforts «to represent the best interests of all of the shareholders of Viacom.»

«Resolving this case is in the best interests of the company and our shareholders,» Associate General Counsel Sandeep Solanki said in a statement.

It reflects the interests of the brand's communities — developers, shareholders, open source communities, employees and even those interested in renewable resources.

Shareholders» equity of $ 22.979 billion decreased 3 % from year - end 2017 due to the impact of higher interest rates on net unrealized investment gains.

For me, one of the most important, and surprising, discoveries over the last few years has been that choosing the best approach to balancing business and social concerns starts with a decision to make shareholder interests the higher priority.

Shareholders are starting to see the benefits of employee and customer satisfaction, and with the growing concern of environmental issues and social responsibilities, younger generations are backing companies who align with their interests.

The equity component is typically restricted or deferred until the director retires from the board, thus postponing taxes and enabling the director to amass a portion of equity in the company to align his or her interests with shareholders (it is believed).

While a vast majority of shareholders get a huge benefit on an inversion deal, some are learning that an inversion isn't always in their best interest.

Van Houten added that such an aim «is entirely reconcilable with the interests of shareholders and any other stakeholders; it's just you have to put your mind to it.»

Time and again the Works Council, or Betriebsrat, which holds eight of VW's 20 board seats, has played a decisive role, mobilizing the support of the state government to get its way over the interests of private shareholders.

This is continued evidence of Benchmark acting in its own best interests contrary to the interests of Uber, its employees and its other shareholders.

The use of dubious billion - dollar lawsuits to apply pressure on Alfa's partners — filed in remote regions of Russia by obscure private shareholders whose interests somehow overlapped perfectly with Alfa's — became a favorite calling card.

United also extended a deadline for PAR and Altimeter to propose its own names for the board, and amended its bylaws in line with shareholder interests, two of the people said.

Frans van Houten says the objective is «entirely reconcilable with the interests of shareholders.»

First, public companies have an «agency problem,» the inherent conflict of interest between executives wanting to create wealth for themselves and doing what's best for shareholders.

He was repeatedly grilled by a shareholder about what he saw is a misalignment of interests with the board and management who owned few shares in the company.

In her memory, we devote our actions to a just cause; to defend what is right and to protect the interest of not only shareholders but most importantly the far more important stakeholders of employees, drivers and customers whose lives have been forever altered by the abiding faith and fervent hard work of Travis Kalanick and the Uber team.

But at the end of the day, many of them work for firms that have a vested interest in making as much money as possible for themselves and their shareholders — not for you, their client.

In his annual letter to shareholders, Fink, who is also the CEO of BlackRock (blk), singled out the growing trend of negative interest rates as a «particularly worrying» development in the global economy.

Perth oil and gas explorer Antares Energy has responded vigorously to claims by one of its major shareholders that it lacked transparency around a major deal and the disclosure of directors» interests.

Nedlands - based explorer Bullabulling Gold has advised its shareholders to reject Norton Gold Fields» increased takeover offer of 8 cents per share to obtain a 30 per cent interest in the company.

The tussle for control of Phoenix Gold intensified today after Zijin Mining Group struck a pre-sales agreement with one of the miner's largest shareholders, boosting its interest to 17.9 per cent ahead of announcing a cash takeover bid that values the business at $ 47 million.

In a note released Monday morning, however, Tribune Publishing says that it was simply taking its time to review the offer, and that the board of directors is «committed to acting in the best interests of shareholders and will respond to Gannett as quickly as feasible.»

There was a flurry of interest recently in a lawsuit launched by some Facebook shareholders, who apparently believe that they got the short end of the stick in the company's recent share restructuring.

The proposed deal raised a number of red flags for shareholders and analysts who argued that it was simply a bailout of unprofitable SolarCity, not to mention a mess of conflicts of interest.

Instead «extending his tenure is in the best interests of our company and our shareholders,» the company said.

My buddy Jim Kane with Retailer Web Services recently made an interesting observation about public companies: He noted founders waste an embarrassing amount of shareholder cash trying to save or slowly wind down companies instead of shuttering operations when it's clear the odds have turned against them.

The basic idea that Freeman defends is that corporate managers shouldn't see themselves as beholden primarily to shareholders, but rather as ethically obligated to balance the interests of a wide range of stakeholders.

When interests between management and shareholders become adverse, even through the regular course of events, it's important for boards to have their own set of lawyers who are independent from management and seen as objective and willing to act in the interest of directors, not management, and ultimately shareholders.

They interpret and apply legislation and offer advice to a variety of constituencies — shareholders, directors, managers and other stakeholders — who have interdependent and even adverse interests in the well - being of the corporation.

Neither cut was a particular surprise: Buffett had previously said he erred in buying Conoco at a peak price for oil (though now, of course, the commodity's rising price is putting a different cast on the investment) and he had publicly protested Kraft's 2010 purchase of Cadbury, which he thought not in the interests of Kraft's shareholders.

The definition of fair value is vague; it's the shareholder's «proportionate interest in a going concern,» i.e., his shares» «true or intrinsic value» under all the circumstances.

The National Association of Real Estate Investment Trusts («NAREIT») defines funds from operations («NAREIT FFO») as net income / (loss) attributable to common shareholders computed in accordance with generally accepted accounting principles in the United States («GAAP»), excluding gains or losses from sales of operating real estate assets and change in control of interests, plus (i) depreciation and amortization of operating properties and (ii) impairment of depreciable real estate and in substance real estate equity investments and (iii) after adjustments for unconsolidated partnerships and joint ventures calculated to reflect NAREIT FFO on the same basis.

Boards are empowered to protect shareholders, but many have become sympathetic to activists because they believe directors are subject to conflicts of interest.

«The aim of this strategy is to significantly improve total shareholder returns and near - term profitability and is in the best interest of the company and all its stakeholders,» added Buckland.

Elon Musk is the largest shareholder of both companies and some critics are wondering whether the move is intended more to save SolarCity than create a logical fusion of interests.

Please see the ratings disclosure page on www.moodys.com for information on (A) MCO's major shareholders (above 5 %) and for (B) further information regarding certain affiliations that may exist between directors of MCO and rated entities as well as (C) the names of entities that hold ratings from MIS that have also publicly reported to the SEC an ownership interest in MCO of more than 5 %.

Corzo asks why banks would make these payouts: how can the awards be both in «the best interests of shareholders and not unethical?»

In the U.S., we generally believe that publicly - held firms are to be managed for «shareholder value» (technically, the Securities Exchange Commission's Code of Ethics for CEOs only requires the firm to provide full, fair, accurate and timely financial reporting, and to flag any known conflicts of interest or violations of securities law, but state laws often impose stricter fiduciary duties on the firm's top managers).

Would being a shareholder in the former create a conflict of interest for you?

It is good for the investing public to know that the company is making decisions about things like dividends with the best interests of shareholders in mind, rather than the best interests of the CEO.

By the end of the day, Perrigo had basically reached the same conclusion: Just after U.S. markets closed at 4 p.m. on Tuesday, Perrigo announced that its board of directors unanimously rejected Mylan's bid, saying it «substantially undervalues» the company and is not in its shareholders» best interests.

If you are in doubt as to whether you have a conflict, you must disclose and can not influence or take part in a decision, transaction, arrangement or otherwise in which you can be perceived to have an interest, direct or indirect; can not be seen to be impartial from an outsider point of view; or receive a benefit not shared by other shareholders.

It's money they get from selling shares in the company, shares granted to them as part of an effort to align their interests with the interests of shareholders.