Charles Elson
Charles Elson
fun took
It's going to be fun to watch. But the real story took place long ago.
chord economic good heard interest kinds leads lessens proposal reason separate strike time voting
Any time you separate economic interest from voting interests, it leads to all kinds of problems. It lessens the accountability. I haven't heard of any good reason for dual-class stock. I think the proposal will strike a chord with a lot of people.
disregard issue radar risk run screen
The issue is on everyone's radar screen now. If you disregard the shareholder vote, you run the risk of a proxy battle.
key
The key is not just to have the role, but what you do with it once you have it.
agreements companies excellent
It's an excellent proposal. A lot of companies have such agreements informally, particularly for directors.
clear
From a shareholder standpoint, it's not a particularly clear pond.
almost expressing third voted
Those are big numbers. Almost a third of the shareholders who voted are expressing discontent.