Last year, venture - backed darlings like Blue Apron and Snapchat braved the public markets, but it was
public shareholders who had to keep a stiff upper lip as their shares abruptly sputtered.
Not exact matches
On Thursday, Viacom CEO Philippe Dauman was named chairman — despite the
public opposition of Shari Redstone,
who happens to be Viacom's vice-chairman and daughter of ailing billionaire and controlling
shareholder Sumner Redstone.
This applies to boards
who want to be free from meddling
shareholders, accountants
who resent intrusive financial regulations like those embodied in Sarbanes - Oxley, and cops
who think the
public just doesn't understand.
They have, after all,
shareholders who expect profits to be maximized — whether these holders be
public stockowners or private - equity investors.
He recommended a ««
who - gives - what» transparency in real time (not after the damage has been done),
shareholder disclosure of all corporate political expenditures and
public financing of congressional elections.»
Ryan Cotton, the Bain managing director
who led the investment, identifies three strengths that he believes will make Toms, one day, a multibillion - dollar
public company: its reputation as a philanthropic pioneer, its enthusiastic customers (
who may want to become
shareholders), and its potential to expand beyond footwear into a broad lifestyle brand.
During Starbucks's 2013 investor meeting, he squared off in person against a
shareholder who complained that Schultz's
public stance on same - sex marriage was alienating customers and hurting earnings.
The move to change the rules around issuing such stock upset Einhorn,
who went
public with the dispute and filed a lawsuit to block the vote, scheduled for Apple's annual
shareholder meeting Feb. 27.
As with any other
public good, the temptation arises for
shareholders to free ride on the efforts of those
who produce the good.
Using SEDAR, Canada's filing system for
public companies, we could only verify one UrAsia
shareholder (Ian Telfer)
who also owned stocks in Uranium One in 2010 and
who chaired its Board of Directors.
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.
Although the details of the two new bids remain vague, each would keep a so - called «stub» of Dell
public, which would give
shareholders who choose not to sell their stock the opportunity to profit if the company can execute its turnaround.
The Texas Act would apply to any person
who (i) beneficially owns any securities of a «Texas - based
public company» (defined as a publicly traded company whose «headquarters» are located in Texas) and (ii) is an «activist investor» (defined as any person
who directly or indirectly nominates or attempts to nominate directors or makes or attempts to make a
shareholder proposal with respect to the company).
Why not put this function into a central decision - making body that must answer to the
public, instead of leaving it to the insurance companies and other groups
who must answer only to their
shareholders?
We need «
who - gives - what» transparency in real time (not after the damage has been done),
shareholder disclosure of all corporate political expenditures and
public financing of congressional elections.
Since his surprise announcement via an interview with the New York Times Sunday evening, Spitzer,
who left office in March 2008 shortly after details of his involvement in a high - end prostitution ring became
public, has made clear that he would use the city's
shareholder position to be a watchdog of corporate America.
Ryan Coogler appears to have guided the lumbering Marvel movie machine in a way that will please critics, fans, and Disney
shareholders, but there will likely be some
who see the
Public Enemy poster on the wall and view it as an empty gesture.
We also want to be clear with our new
public family members (i.e.,
shareholders) that we intend to stay true to
who we are.
As someone very close to me,
who took her private company
public (with disasterous results, I might add) once told me, «What's good for the company and what's good for the
shareholders isn't always the same thing».
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.
Royal Dutch Shell and French company Total,
who additionally have AGMs next Tuesday, have generally been more responsive to
shareholder and
public pressure to take steps to align their businesses than their U.S. counterparts.
The question remaining is how to determine whether the State acted in its capacity
shareholder or as
public authority,
who bears the burden of proof of showing this, and when such determination should be made.
We recently brought on a
shareholder who focuses on security, privacy, breach planning and post-breach issues like handling regulatory issues, liability, litigation and
public relations.
A Greenwood Village business attorney
who helped draft the Colorado law, Herrick Lidstone said, «A benefit corporation gives the (company) directors the ability to pursue
public benefits without looking over their shoulders and wondering if they're going to get sued by
shareholders».
Do you really think that these owners, headquartered elsewhere and run by executives
who are answerable to their foreign
shareholders and boards are going to be more interested in the
public interest of Ontario citizens than we are??
In - house counsel have duties to various entities: the corporation, including its board of directors and its
shareholders; the corporation's other employees; third parties such as the
public and others
who rely on counsel's statements, and to regulatory bodies.
Labeling those
who value and defend bar independence as restrictive may permit some to gloss over the consequences of lawyers offering services to the
public while controlled, not by client instructions, but rather by the interests of silent business partners, be they
shareholders, private investors, or holding companies with other business units.
Apple was criticised earlier this year by two of its own
shareholders,
who urged the company to address a «growing
public health crisis» of smartphone addiction in young people.
But as Manjoo points out, going
public means, inevitably, bowing to the pressures of
shareholders,
who want their money's worth.
The company was responding to a pair of Apple
shareholders who wrote an open letter last week arguing that the iPhone - maker needs to tackle what's seen as a «growing
public health crisis» of smartphone addiction in young people.
I recall the website of a company that «developed engineered solutions for high technology companies» — they did concrete slabs for electrical power and telephone equipment; or the executive
who «provided
shareholder value to
public companies» — he was a CFO though never mentioned anything about finance.
This has attracted a diverse
shareholder base, including the likes of Africa's largest pension fund, the
Public Investment Corporation (PIC),
who currently holds 25.87 % of the company.
When one
Public Corporation (ie GMC)
who shareholders have valued based on the licensing of several brands to competing businesses are faced with the reality of today's internet dominated marketing environment, plays one brand against another, the outcome is not nice.
According to Institutional
Shareholder Services (ISS) in Rockville, Md., at least 60 proxy initiatives are in the works by
shareholders at major
public corporations
who seek to end what they see as executive compensation abuses.