The perfect fumble
Well-Known Member
- Joined
- 3 Jun 2012
- Messages
- 24,299
Oh, you've gone and spoilt it now.
But they don't, for reasons aguero 93.20 knows.
Oh, you've gone and spoilt it now.
It's not a simple as that, mate.I think you'll find the shareholders have the option of replacing the lot of them at an AGM or EGM.
I think you'll find the shareholders have the option of replacing the lot of them at an AGM or EGM.
It is if they agree. They own the company after all. Simple vote of no confidence, make the board stand for reelection and then turf them out. If there isn't the will to do that then it suggests that enough of them think the board are worth their remuneration.It's not a simple as that, mate.
They don't need to discuss executive pay.The shareholders are a disparate group, with no single voice, it's like herding cats. in truth the pressure to reign in executive pay mostly comes from hedge fund managers (as you know). Shareholder power is often talked about but is rarely decisive. Boards do everything they can to avoid executive pay even being discussed at AGMs, even getting it on the agenda is a near impossibility task.
Shareholder revolts are rare not because shareholders are content but because of the obstacles they face in pulling them off
Institutional shareholders are inherently conservative. Board members are conscious of this. Unless they get caught with their hands in the till, or wanking off a goat, they know they're almost certainly at least two AGMs from being launched imo - and take the piss accordingly.It is if they agree. They own the company after all. Simple vote of no confidence, make the board stand for reelection and then turf them out. If there isn't the will to do that then it suggests that enough of them think the board are worth their remuneration.
The shareholders are a disparate group, with no single voice, it's like herding cats. in truth the pressure to reign in executive pay mostly comes from hedge fund managers (as you know). Shareholder power is often talked about but is rarely decisive. Boards do everything they can to avoid executive pay even being discussed at AGMs, even getting it on the agenda is a near impossibility task.
Shareholder revolts are rare not because shareholders are content but because of the obstacles they face in pulling them off
He wants us to know that he is not 'wedded' to the idea of open borders and we should be considering stopping immigration and then in the next breath he said he believes that we should restrict immigration but only in respect of job agencies who exploit cheap labour in eastern european countries otherwise there should be open borders.
So in answer to your question he hasn't got a plan.
It is if they agree. They own the company after all. Simple vote of no confidence, make the board stand for reelection and then turf them out. If there isn't the will to do that then it suggests that enough of them think the board are worth their remuneration.
A vote of no confidence, yeah right.
Don't play games, don't talk about shareholders as if they were one united group with a single leader. Small shareholders, even if they are willing and able to organise, are easily picked off. institutional shareholders are profoundly conservative, only serious malpractice galvanises them
You know these things. I get pissed off with you not because I disagree with you, but because you post shit you know to be untrue, that's why I increasingly give you short shrift, you are deliberately disingenuous and you do love to cultivate your little fan club who then look to you to legitimise their ignorance.