«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.»
Not exact matches
For the inflation rate, coupled with individual tax rates, will be the ultimate determinant
as to whether our internal operating performance produces successful investment results — i.e., a reasonable gain in purchasing
power from funds committed — for you
as shareholders.
The move comes
as ABB seeks to justify its decision last year to reject calls from its second - largest
shareholder to spin off
Power Grids, the group's biggest but least profitable business.
As it happens, many of the vocal protestors at Emera's annual meeting are members of both groups: they are
shareholders in Emera and customers of Nova Scotia
Power.
That sounds good
as a headline but it's not really true, says Brad Allen, of Branav
Shareholder Advisory Services Inc. «People continue to reinforce this image that proxy firms have all this
power.
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.
As European governments reach for more
power to fend off unwanted mergers, Akzo has shown how
shareholders can lose out.
As to the latter, Rule 14a - 11 disallows restrictions on the
shareholder nominating
power that are likely permissible under state law.
Because it owns extensive insurance operations that experience fluctuating profits, it is not
as easy to determine Berkshire's normal earnings
power as it would be, for say, Kraft's food packaging divisions which have pretty predictable demand for macaroni and cheese, Oscar Meyer hot dogs, and Maxwell House coffee, but still — $ 12 billion is a good estimate of what «normal» profits look like each year for Berkshire
shareholders.
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:
I disagree, Wenger and Dein built a good relationship and Dein wasn't a yes man, he was a
shareholder and on the board, the difference I can see is that Dein had the
power to spend what he wanted
as it was his job on the board.
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.
But, in a publicly held company where
shareholder power is weak, this can't be counted upon to happen, so
shareholders of public companies are taxed when they get the actual benefit and corporate taxes, screwed up
as they are, limits the harm of indefinite deferral of income.
All of these attorneys general expanded their
power at least partially on the basis of a single 1921 statute known
as the Martin Act, which gives the New York AG vastly greater latitude in prosecuting financial crimes against
shareholders.
«We are glad to note that within the last one year also, Lagos State has been able to join the Oodua Investment Group
as part
shareholders of that economic vehicle that we will use to
power the economic integration of the Southwestern states.
Amazon is using their marketplace
power to advance their
shareholder interests at my expense
as both a customer, and
as (ultimately) a supplier of their core product.
As you can see, the intrinsic value of the enterprise (as evidenced by the compounding net worth and earning power) has compounded very nicely over a long period of time, which has led to similar returns for shareholder
As you can see, the intrinsic value of the enterprise (
as evidenced by the compounding net worth and earning power) has compounded very nicely over a long period of time, which has led to similar returns for shareholder
as evidenced by the compounding net worth and earning
power) has compounded very nicely over a long period of time, which has led to similar returns for
shareholders.
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?
Shareholders of record
as of June 29 will receive dividends from the
power generator on July 13.
Henry Tippie serves
as Chairman of the Board of Dover Motorsports,
as well
as controlling Trustee of RMT Trust (Dover's largest
shareholder), and in these capacities exercises control over 54.4 % of the combined voting
power of the two classes of the Company's common stock.
These managers realized that
as investors in these companies, they have
power: they can vote proxies at a company's annual meeting, and they can file or support
shareholder resolutions, such
as resolutions asking companies to disclose or reduce their carbon emissions.
In theory, fund directors fulfill the same general role
as the directors of public companies, with broad
powers to safeguard
shareholder interests — including, if necessary, firing the advisory firm running the fund.
While a more realistic assumption, such
as a
power law distribution in
shareholder size, will change the values of voting
power, it will not change the main results: percentage ownership alone does not equal voting
power, allowing for full optimization of voting
power.
However, a cash bid is always hard to beat (especially if the bidder has the fire -
power, and the desire, to raise it), and CQB
shareholders may soon realise even a $ 13.00 cash bid could be far superior to a ChiquitaFyffes share price that could trade anywhere...
As for Fyffes
shareholders, at this point referencing a stand - alone intrinsic value might be a good idea again: Adjusted EBITA's notched a little higher to 3.8 %, but again operating free cash flow (Op FCF) has only averaged about 55 % of adjusted EBITA in the past few years.
Shareholders including
power tower pioneer Brightsource Energy
as well
as General Electric, which will provide the turbine, want to build more such towers around the world.
For the first time with this EDF judgment, the CJEU attempts to set criteria in order to distinguish between the State acting
as shareholder and the State exercising public
power.
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.»
As follows from Stardust Marine, the imputability must be conversely demonstrated «by establishing the actual exercise by the State of the supervisory power which its status as majority shareholder confers upon it» (para 99
As follows from Stardust Marine, the imputability must be conversely demonstrated «by establishing the actual exercise by the State of the supervisory
power which its status
as majority shareholder confers upon it» (para 99
as majority
shareholder confers upon it» (para 99).
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.
While a Member State may act
as a
shareholder in addition to exercising it
powers as a public authority, it must not combine its role
as a State wielding public
power with that of a
shareholder.
The names and mailing addresses of all persons who will serve
as directors until the first
shareholders» meeting, if the incorporators»
powers terminate with the filing of the Certificate of Incorporation.
The appellate court reversed the trial court, determining that the Co-op did have the
power to eject the
Shareholder, so long
as it followed its own rules and acted in good faith while furthering its corporate purpose.