FastSaying
The company's ability to designate the number of directors up for election ... disenfranchises shareholders.
Warren Lichtenstein
Ability
Designate
Directors
Election
Number
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We believe such a decision, without justifiable reason, infringes our statutory right to submit shareholder proposals.
— Warren Lichtenstein
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The company has effectively accepted only two of three of the committee's director nominees and thereby violated Korean law.
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doesn't have anything to do with his ability to do an autopsy... but it still looks pretty bad.
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I think it is a marvelous way to keep directors' interests and shareholders interests as closely aligned as possible, with both an upside and a downside component. Too often, people talk about interests being aligned when the directors get the upside and shareholders get the downside.
— Warren Buffett
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