Experts said public companies worry about the loss of customer confidence and the legal liability to shareholders or security vendors when they report flaws.
A corporation's responsibility is to the shareholders, not its retirees and employees. Companies are doing everything they can to get rid of pension plans and they will succeed.
Large organizations don't worship shareholders or customers, they worship the past. If it were otherwise, it wouldn't take a crisis to set a company on a new path.
I try to make myself happy, no, because I know that if I'm not happy, my colleagues are not happy and my shareholders are not happy and my customers are not happy.
Our laws demand that a corporation have a fiduciary responsibility with shareholders to maximize profits. They are legally required to make as much money as possible, any way possible within 'the law.'
If we come to the conclusion after 90 days that the synergies are big enough to justify the efforts, then we can go to the second step, which consists of saying: what would be the best organization and conditions - including shareholdings - in order ...
I think that might have been an element in it, and people have asked me that very thing. Remember, Disney is the majority shareholder, but it is not an operating division of Disney.
Most shareholders have little if any control over the companies in which they own stock, even if they own a million shares.
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.
With the acquisition of 50% of Todito, TV Azteca is getting on a very fast train. Todito will allow TV Azteca to create value for its shareholders and promote its television content on the Internet.
Some argue shareholder capitalism has proven more efficient. It has moved economic resources to where they're most productive, and thereby enabled the economy to grow faster.
At a lot of companies founded on principles, the notion of making money is almost antithetical to the ethos of the place. From the very beginning, our business has existed to meet the needs and desires of multiple constituencies: customers, team memb...
We can collaborate with a Netscape employee or partner who's halfway around the world. We can distribute information and software to customers and shareholders, and get their feedback.
Scale can create value for shareholders; for consumers, who are beneficiaries of better products, delivered more quickly and at less cost; for the businesses that are our customers; and for the economy as a whole.
I don't believe that someone who sets up an institution should be able to take out the money from the institution or pay dividends to shareholders. I am not saying that institutions should be set up for charity.
Corporate executives need to re-frame their responsibilities to include the interests of all the stakeholders in society at large; not just shareholders, but also employees, the citizens of our communities, and those who care about the environment.
Large corporations, of course, are blinded by greed. The laws under which they operate require it - their shareholders would revolt at anything less.
I'm going to continue doing my thing and work my butt off to add value for shareholders and as long as they and the board see fit to keep me in this role, I feel enormously privileged to serve.
Banks do not create money for the public good. They are businesses owned by private shareholders. Their purpose is to make a profit.
What the American people don't understand is how Merrill Lynch or AIG or Lehman Brothers can reward people, and the entity fails. Not only do the shareholders lose, but the entities lose.
No doubt, corporate CEOs who lie to their shareholders and politicians who lie to their public know and believe intellectually that lying is immoral. Why then do they lie? They lie to others because they first lie to themselves.
