Ultimately, each transnational firm strives for its own advantage, and is supported in that effort by the state power wherein it resides, or at least where its main shareholders are domiciled.
A lost job can put a smile on any shareholder's face.
All this plan does is make everybody a capitalist. I know that the New York Stock Exchange says there are 25 million shareholders in the United States, but let me tell you something: about 15 million of those people could save their dividends for 10 years and maybe buy a new suit. That's not what I call capitalism.
I'm a spreadsheet guy. But you get to that moment of truth, and it has nothing to do with a spreadsheet. You've got to factor in what your competitors are doing, what the technology is doing, what your shareholders want, what your employees want, what your customers want, and you've got to make it happen sometimes.
Charities must treat donors as if they were shareholders.
If you look at academic studies, you can see that stock prices are most closely correlated with cash flow. It's such a straightforward number. Cash flow is what will drive shareholder returns.
What we've done last night is what I call pushing back the risks..If there is a risk in a bank, our first question should be 'Okay, what are you in the bank going to do about that? What can you do to recapitalise yourself? If the bank can't do it, then we'll talk to the shareholders and the bondholders, we'll ask them to contribute in recapitalising the bank, and if necessary the uninsured deposit holders.
The worst example of rural poverty is that of migrant farm workers. They have no permanent jobs, so they have no equity in the places where they work. They're not shareholders, let alone entrepreneurs. They're not small farmers, they're not market gardeners, they're just temporary - uprooted, isolated, easily exploitable people.
Evidently stockholders have forgotten more than to look at balance sheets. They have forgotten also that they are owners of a business and not merely owners of a quotation on the stock ticker. It is time, and high time, that the millions of American shareholders turned their eyes from the daily market reports long enough to give some attention to the enterprises themselves of which they are the proprietors, and which exist for their benefit and at their pleasure.
I don't think our fiduciary duty is to put shareholders first. I say the opposite. What we firmly believe is that if we focus our company on improving the lives of the world's citizens and come up with genuine sustainable solutions, we are more in synch with consumers and society and ultimately this will result in good shareholder returns.
Shareholder value is the result of you doing a great job, watching your share price go up, your shareholders win, and dividends increasing. What happens when you have increasing shareholder value? You're delivering better employees to their communities and they can give back. Communities are winning because employees are involved in mentoring and all these other things. Customers are winning because you're providing them new products.
Multi-billion-dollar multinational corporations view the exploitation of the world's sick and dying as a sacred duty to their shareholders.
Our insatiable appetite for fossil fuels and the corporate mandate to maximize shareholder value encourages drilling without taking into account the costs to the ocean, even without major spills.
The problems are our lives. In the "developed" countries, at least, the large problems occur because all of us are living either partly wrong or almost entirely wrong. It was not just the greed of corporate shareholders and the hubris of corporate executives that put the fate of Prince William Sound into one ship; it was also our demand that energy be cheap and plentiful.
They used to ask: "How will this decision that we make today affect our people in the future?" Now we make decisions based on: "How does it affect me, now? How does it affect the next shareholders meeting, three months ahead? How does it affect my next political campaign?"
To build and sustain brands people love and trust, one must focus-not only on today but also on tomorrow. It's not easy...but balancing the short and long term is key to delivering sustainable, profitable growth-growth that is good for our shareholders but also good for our consumers, our employees, our business partners, the communities where we live and work, and the planet we inhabit
We need a mutual fund industry with both vision and values; a vision of fiduciary duty and shareholder service, and values rooted in the proven principles of long-term investing and of trusteeship that demands integrity in serving our clients.
In our industry today only a strong company with a global reach can ensure long-term employment and provide acceptable returns for shareholders.
I have never seen an employee who jumps out of bed in the morning in order to create shareholder value.
It's no longer terribly sexy to own shares in certain companies; it used to be that being a shareholder in a corporation would connect you with it. The result is that people really want to invest in valuable things, and contemporary art has become a very stable material value with great growth potential.
I am very confident that we will be able to convince all the stakeholders - the shareholders, the governments and the employees, that this is in their best interests.
We believe that a company's obligations extend far beyond its bottom line and its shareholders - to a wider constituency that includes employees, customers, suppliers, and the community.
A boycott would send a clear message to Yahoo shareholders and other companies which cheerfully sacrifice human rights in return for a cut of the Chinese market.
The typical American corporation is a shareholders' republic the same way that China is a peoples' republic.
The evidence seems clear that those business which actively serve their many constitutencies in creative, morally thoughtful ways also, over the long run, serve their shareholders best. Companies do, infact, do well by doing good.
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