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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: John Carragher who wrote (618550)	12/13/2016 12:51:57 PM
From: bruwin	Read Replies (1) \| Respond to of 794276

No right whatsoever .... you, as a shareholder, own a "Piece" of that company via the number of shares that you own. Maybe that carpet in the CEO's office belongs to you, or maybe several chairs in the Boardroom !! At the company's AGM you can vote for, or against, something that is put up for a vote, based on the number of shares that you own ....

To: John Carragher who wrote (618550)	12/13/2016 4:52:12 PM
From: frankw1900	Read Replies (1) \| Respond to of 794276

what gives the officer of a company the right to speak for its shareholders? the officer is there to maximize profits for the shareholder not preach. If he's the CEO or chairman they elect or appoint him to run the company. That's what gives him the right. He has to do a lot more than "maximize profits." (BTW, long term profits or short term profits?) He has responsibility for the quality and security of the company's assets, and in connection with those things, the quality and security of company's employees. The quality and security of the geographical/political/social regime his company operates under and sells into is necessarily something he has to pay attention to and sometimes talk about. That he might get his public statement wrong or that we disagree with him is another matter. The neo-liberal/neo-con bullshit got us into the mess we're in now. So we should not be too quick to buy into it. Not buying into it got Trump elected.