Shareholders Quotes

I mean the good thing about Marvel is that they're really good about reading what they call the shareholders - the fans. Because they really are the keepers of what keeps these movies going, you know? ~ Justin Theroux

When you're C.E.O., you have to have two conditions: first, shareholders need to trust you and want you to head your company. The second is that you need to feel the motivation to do the job. So, as long as both are reunited, you continue to do the job. And today, they are reunited. ~ Carlos Ghosn

The typical entrepreneur is no longer the bold and tireless man of Marshall, or the sly and rapacious Moneybags of Marx, but a mass of inert shareholders, indistinguishable from rentiers, who employ salaried managers to run their concerns. ~ Edwin Arlington Robinson

Apple's approach to career development is yet another way it runs contrary to the norms at other companies. The prevalent attitude for workers in the corporate world is to consider their growth trajectory. What's my path up? How do I get to the next level? Companies, in turn, spend an inordinate amount of time and money grooming their people for new responsibilities. They labor to find just the right place for people. But what if it turns out all that thinking is wrong? What if companies encouraged employees to be satisfied where they are because they're good at what they do, not to mention because that might be what's best for shareholders?

Instead of employees fretting that they were stuck in terminal jobs, what if they exalted in having found their perfect jobs? A certain amount of office politics might evaporate in a corporate culture where career growth is not considered tantamount to professional fulfilment. Shareholders, after all, don't care about fiefdoms and egos. There are many professionals who would find it liberating to work at what they are good at, receive competitive killer compensation, and not have to worry about supervising others or jockeying for higher rungs on an org chart. ~ Adam Lashinsky

That law that created the native corporations was the idea of tanik American corporations to undermine tribal integrity." "What do you mean?" Bertie asks. "Everywhere else in the U.S., tribes have their own government, their own land, and their own money." "They have a monopoly on casinos, you mean," Bertie says cautiously. "Whatever it is. Our tribes in Alaska don't have nothing. It's the native corporations who have all the land and the money, and they're the ones making decisions." "But don't you think they're making decisions in the best interests of their shareholders, the native people?" "They're just making money for their shareholders like any other corporation," Mandy says. "And they hire taniks in Anchorage offices to carry out their business. They don't care about whether people up here are taking their dividends and drinking them away. I hate to say it, but I got to agree with Luther. It's a long, slow genocide, all done under the corporations' laws. ~ Elizaveta Ristrova

There are only two ways to influence human behavior: you can manipulate it or you can inspire it.

Very few people or companies can clearly articulate WHY they do WHAT they do. By WHY I mean your purpose, cause or belief - WHY does your company exist? WHY do you get out of bed every morning? And WHY should anyone care?

People don't buy WHAT you do, they buy WHY you do it.

We are drawn to leaders and organizations that are good at communicating what they believe. Their ability to make us feel like we belong, to make us feel special, safe and not alone is part of what gives them the ability to inspire us.

For values or guiding principles to be truly effective they have to be verbs. It's not "integrity," it's "always do the right thing." It's not "innovation," it's "look at the problem from a different angle." Articulating our values as verbs gives us a clear idea - we have a clear idea of how to act in any situation.

Happy employees ensure happy customers. And happy customers ensure happy shareholders - in that order.

Leading is not the same as being the leader. Being the leader means you hold the highest rank, either by earning it, good fortune or navigating internal politics. Leading, however, means that others willingly follow you - not because they have to, not because they are paid to, but because they want to.

You don't hire for skills, you hire for attitude. You can always teach skills.

Simon Sinek

In our search for more, we have blinded ourselves to our personal responsibility for challenging these absurdities. A resource-based society considers us all equal shareholders of Earth. We are responsible both for the planet and for our relationship with each other. ~ Jacque Fresco

From the perspective of a fossil fuel company, going after these high-risk carbon deposits is not a matter of choice - it is its fiduciary responsibility to shareholders, who insist on earning the same kinds of mega-profits next year as they did this year and last year. And yet fulfilling that fiduciary responsibility virtually guarantees that the planet will cook. ~ Naomi Klein

Large corporations, of course, are blinded by greed. The laws under which they operate require it - their shareholders would revolt at anything less. ~ Aaron Swartz

A lot of deals are done or not done because chief executives are not fully aligned to shareholders. ~ Ivan Glasenberg

If you punish the banks, all you are doing is reducing the banks' capital, which you want to increase, and punishing shareholders, who have done nothing wrong. ~ Nigel Lawson

Multi-billion-dollar multinational corporations view the exploitation of the world's sick and dying as a sacred duty to their shareholders. ~ John Le Carre

We are in the midst of a once-in-a-century credit tsunami. Central banks and governments are being required to take unprecedented measures. Those of us who have looked to the self-interest of lending institutions to protect shareholders' equity are in a state of shocked disbelief. ~ Alan Greenspan

Government is the people's business and every man, woman and child becomes a shareholder with the first penny of tax paid. ~ Ronald Reagan

What we're trying to do is determine if our shareholders and customers have been misled. We can't think of a single shareholder who would believe that the PSC order isn't in their best interest. ~ Chad Jones

I have never seen an employee who jumps out of bed in the morning in order to create shareholder value. ~ Dov Seidman

Who are businesses really responsible to? Their customers? Shareholders? Employees? We would argue that it's none of the above. Fundamentally, businesses are responsible to their resource base. Without a healthy environment there are no shareholders, no employees, no customers and no business. ~ Yvon Chouinard

On the basis of capitalist production, a new swindle with the wages of management develops in connection with joint-stock companies, in that, over and above the actual managing director, a number of governing and supervisory boards arise, for which management and supervision are in fact a mere pretext for the robbery of shareholders and their own enrichment. ~ Karl Marx

I was always acting primarily with shareholder interests in mind.
It's also true I've always had a fairly moralistic attitude to business, and would not do anything that I considered improper.
As a consequence, I have occasionally pursued issues during my career that other people might have avoided. ~ Chris Corrigan

I basically believe the medical insurance industry should be nonprofit, not profit-making. There is no way a health reform plan will work when it is implemented by an industry that seeks to return money to shareholders instead of using that money to provide health care. ~ Dianne Feinstein

Experts said public companies worry about the loss of customer confidence and the legal liability to shareholders or security vendors when they report flaws. ~ Barton Gellman

Archipelago was created with the vision of making markets better for all investors, a vision that we share with the NYSE and has led us to this historic day. I am extremely proud of the innovation, the technology and the value Archipelago has brought to its customers and shareholders and am excited about combining our strengths with those of the NYSE. ~ Robert D. Putnam

We met financial expectations for the quarter in a difficult economic environment. We also signed a two-year programming agreement with Home & Garden Television to launch two new cable television series, and launched the Martha Stewart Kids magazine These initiatives provide future revenue and earnings growth for the brand and build long-term value for shareholders. ~ Martha Stewart

What we need is political leadership which can give guidance to the development of global governance. We need business leadership which goes beyond shareholder value to understand the needs and fears of other stakeholders and their communities. ~ Juan Somavia

If the government wants to do social policy, it should not be done in a quasi-public company. If you have a mortgage guarantee company which is done by the U.S. government, it should be guaranteed by the originators, i.e., the shareholder. ~ Jamie Dimon

He or she must be successful in economic terms, but always within an ethical framework. Whether his or her constituency is a corporation and its shareholders or the customers in a small and privately held business, his or her first responsibility is to serve that constituency. ~ Lee R. Raymond

This is an amazingly sound place. We are more disaster-resistant than most other places. We haven't pushed it as hard as other people would have pushed it. I don't want to go back to Go. I've been to Go. A lot of our shareholders have a majority of their net worth in Berkshire, and they don't want to go back to Go either. ~ Charlie Munger

The shareholders who financed the risk taking had no real understanding of what the risk takers were doing, and, as the risk taking grew ever more complex, their understanding diminished. All that was clear was that the profits to be had from smart people making complicated bets overwhelmed anything that could be had from servicing customers, or allocating capital to productive enterprise. ~ Michael Lewis

In an age where everything and everyone is linked through networks of glass and air, no one - no business, organization, government agency, country - is an island. We need to do right by all our stakeholders, and that's how you create value for shareholders. And one thing is for sure - no organization can succeed in a world that is failing. ~ Don Tapscott

I am very pleased with the progress of the new CBS Corporation. The Company's rapid pace of change and innovative approach to emerging business opportunities can be seen in the many strategic announcements we have made over these past few months. The more focused and more nimble organization we sought to create has become a reality and that aggressive spirit of excellence and innovation will continue to benefit shareholders for many years to come. ~ Sumner Redstone

As a shareholder I have expressed my frustration with not getting more information about revenue and margins from the cloud. ~ Steve Ballmer

Book publishers needed only to listen to Jeff Bezos himself to have their fears stoked. Amazon's founder repeatedly suggested he had little reverence for the old "gatekeepers" of the media, whose business models were forged during the analogue age and whose function it was to review content and then subjectively decide what the public got to consume. This was to be a new age of creative surplus, where it was easy for anyone to create something, find an audience, and allow the market to determine the proper economic reward. "Even well meaning gatekeepers slow innovation," Bezos wrote in his 2011 letter to shareholders. "When a platform is self-service, even the improbable ideas can get tried, because there's no expert gatekeeper ready to say 'that will never work!' And guess what - many of those improbable ideas do work, and society is the beneficiary of that diversity. ~ Brad Stone

My job is to listen to ideas, maybe cook up a few of my own, and make decisions based on what's good for the shareholders and for the company. ~ Phil Knight

I've heard people say South Africans are arrogant, that they act no differently from their colonial masters. That needs to change. It's in your business interest as an entrepreneur to form meaningful partnerships. That's how you do well for your shareholders. ~ Patrice Motsepe

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. ~ Simon Mainwaring

We like our current shareholders and don't want to entice anyone to become one. It would help current shareholders to hear our CEOs [of the Berkshireoperating subsidiaries], but we promised them they could spend 100% of their time on their business. We place no impediments on them running their businesses. Many have expressed to me how happy they are that they don't have to spend 25% of time on activities they didn't like. ~ Charlie Munger

Customers first, employees second, and shareholders third, ~ Jack Ma

All this plan does is make everybody a capitalist. I know that the New York Stock Exchange says there are 25 million shareholders in the United States, but let me tell you something: about 15 million of those people could save their dividends for 10 years and maybe buy a new suit. That's not what I call capitalism. ~ Louis O. Kelso

Companies do not commit crimes; only their agents do. And while a company might get the benefit of some such crimes, prosecuting the company would inevitably punish, directly or indirectly, the many employees and shareholders who were totally innocent. ~ Jed S. Rakoff

I am always asking myself how I can improve the lives of my customers, my colleagues, my shareholders, my family and my friends. ~ Martha Stewart

I've always wanted to help build a better society and build a better company, and I always wanted a healthy, vibrant company, a healthy, vibrant society. We take care of our people, we provide them with opportunity. But I've always believed business is here to serve your clients, your shareholders, your communities. If we do this well, everyone benefits. We have to do a good job for all of them. ~ Jamie Dimon

People need to understand: Businesses are going to make mistakes. They shouldn't be shot and hung every time. We should apologize for it. We should make up for it. My shareholders paid for it. No customer was hurt, which is critical to me. But I hurt my shareholders, and I wish I hadn't. ~ Jamie Dimon

I don't think of myself as a hard man, but other people may think otherwise. You know you have obligations to do the best you can for people, for your job, for your shareholders ... it all has to be balanced between the hardness and the softness. ~ Frank Lowy

The typical American corporation is a shareholders' republic the same way that China is a peoples' republic. ~ James Surowiecki

Great fit and synergism for both companies and excellent outcome for employees, customers and shareholders. ~ Philippe Kahn

I'm a spreadsheet guy. But you get to that moment of truth, and it has nothing to do with a spreadsheet. You've got to factor in what your competitors are doing, what the technology is doing, what your shareholders want, what your employees want, what your customers want, and you've got to make it happen sometimes. ~ Brian Roberts

The banks don't have anything - no rights whatsoever. The banks are shareholders of SLEC, and SLEC has no rights ... I am the CEO of Formula One Management and Formula One Administration, which runs the business in F1. From this point of view, I own F1. ~ Bernie Ecclestone

I don't feel I'm at liberty to speak about the actions of any one CEO. That's not fair; given CEOs have duties to their shareholders. ~ Kenneth C. Griffin

Large companies cannot finance political parties as their shareholders and employees have different political views. ~ Mikhail Khodorkovsky

In truth, it's not the shareholders of the American International Group who benefited most from its bailout; they were mostly wiped out. The great beneficiaries have been the creditors and counterparties at the other end of A.I.G.'s derivatives deals - firms like Goldman Sachs, Merrill Lynch, Deutsche Bank, Societe Generale, Barclays and UBS. ~ Tyler Cowen

When Wal-Mart brings water down to the Katrina victims, it's not doing that to be nice; it's doing it to make larger profits and to increase the value of its shares. If its actions are not accomplishing those objectives, the shareholders can sue the executives, and sue them successfully, because it is illegal for them to act on behalf of any other reason than increasing the value of their shares. There is nothing wrong with that. That is the way that they were created and the way we want them to function to increase prosperity in the market. ~ Robert F. Kennedy, Jr.

A strong player, which has the sufficient critical mass, can withhold pressure better and create a more stable environment that benefits shareholders as well as employees. ~ Lakshmi Mittal

We have to defend views we don't share and impose them on the public; deal with questions we don't understand and vulgarize them for the gallery. We can't have ideas of our own, we have to have those of the editor; and even the editor doesn't have the right to think with his own head, because when he's sent for by the board of directors he has to stifle his own views, if he has any, and support those of the shareholders. ~ Pitigrilli

We have new rules that give shareholders the ability to vote on executive compensation. We have new rules for asset-backed securities. We have new rules around credit rating agencies. ~ Mary Schapiro

I am very confident that we will be able to convince all the stakeholders - the shareholders, the governments and the employees, that this is in their best interests. ~ Lakshmi Mittal

When management owns stock, then rewarding the shareholders becomes a first priority, whereas when management simply collects a paycheck, then increasing salaries becomes a first priority. ~ Peter Lynch

Shareholders," murmured Eddie, the word echoing meaninglessly in his head. His brain had screeched to a halt in front of an earlier word in the sentence, and it now stood (in a figurative sense) stock still, with its eyes wide and its jaw open, staring at the word in awe. Lovely Wanda Kwan, the vaguely Asian-American publishing company representative, had uttered, through her lip gloss and perfect teeth, the one word that every writer secretly yearns to hear. That word is movie. "Ms. Kwan," he began. ~ Robert Kroese

The call to leadership excellence means you must now be awake to the reality that you are no longer your own, you are a blessing to society. In business, this will also mean value given to shareholders, customers, employees as well as society. This will take you, your family and your corporate base to appreciate that your leadership role and influence demands that they share you with other causes and stakeholders. As an effective person, you must be able to balance the demands on you and create the additional time that leadership at a higher level requires. ~ Archibald Marwizi

Back in the 1970s, Kodak tried to give $25m to a black civil rights organisation in Rochester, New York. The company's shareholders rose up in arms: making this politically charged offering wasn't the reason they had entrusted Kodak with their money. The donation was withdrawn. ~ Noreena Hertz

The Congress is not willing to think about the long term. They act like activist shareholders, to use that phrase again. They're not thinking about what can we do that will make us richer, safer, and stronger next year, and the year after, and five and 10 years out. ~ Hillary Clinton

Why not stakeholder action? There's no economic principal that says that management should be responsive to shareholders, in fact you can read in texts of business economics that they could just as well have a system in which the management is responsible to stakeholders. ~ Noam Chomsky

The total amount paid out in dividends is roughly equal to the amount lost in trading and investment advice, so net dividends to shareholders are zero. This is a very peculiar way to run a republic. ~ Charlie Munger

The faster we grew, the more stores we had open, the more money we made. Employees move quickly up the ranks of a company that's growing fast. Shareholders made a lot of money. If you invested $25,000 from January 1987 to January 1994, you'd have more than a million dollars. I get a lot of personal satisfaction from that. ~ Wayne Huizenga

My obligation is to the owners of Barclays, my shareholders. They hired me. People who criticise compensation for individuals in isolation at, say, BarCap, individuals who don't work in the U.K. and are competing with U.S., German or Asian banks, they should look at all these factors. ~ Bob Diamond

Chasing revenues that don't have good earnings doesn't help us or shareholders one lick. ~ Phebe Novakovic

In the vast majority of exits where shareholders receive a good price for their company, there is an experienced business broker or M&A advisor. ~ Basil Peters

There are certainly valid reasons for taking a company private, and it's also possible that C.E.O.s perform better when monitored by a small number of owners in a private company rather than by the dispersed and often uninterested shareholders of a public corporation. ~ James Surowiecki

Our people, our shareholders, me, Bill Gates, we expect to change the world in every way, to succeed wildly at everything we touch, to have the broadest impact of any company in the world. ~ Steve Ballmer

Legacy doesn't mean a lot because once you have left, even if you are one of the biggest individual shareholders it only means [a small amount of influence]. But it's something I'm very pleased about. ~ Maurice Levy

Money? It's the oh-so-simple miracle that allows you to take home veal in your shopping bag…', the Trader-Knights repeat, forgetting that behind the head of veal or the pork cutlet there is a futures market in livestock and pork bellies, and that behind that market looms the futures market of exchange rates, interest rates and so many other levels all the way down to absolute volatility, all utterly inaccessible to those bit-part players in the great comedy of trading, the small individual shareholders. ~ Gilles Châtelet

Driving stock up from one day to the next is not what we are about. We are about building a good company and performing for the long term. I know everyone says that, that sounds trite when I repeat it that way, but that is and has always been our attitude about our business. If we do the right things, the stock price will take care of itself, and our shareholders will be rewarded. ~ James Sinegal

Nationalization would likely mean wiping out the big banks' managements and shareholders. It's because that reckoning has mostly been avoided so far that those bankers may be the Americans in the greatest denial of all. ~ Frank Rich

If the big banks expect to buy influence when they give money to favored think tanks, then the public has a right to know. If the big banks don't expect to buy influence and are merely making charitable contributions, then their shareholders have a right to know. Either way, there's no excuse for keeping these payments secret. ~ Elizabeth Warren

I mean, to talk about "corporate greed" is like talking about "military weapons" or something like that―there just is no other possibility. A corporation is something that is trying to maximize power and profit: that's what it is. There is no "phenomenon" of corporate greed, and we shouldn't mislead people into thinking there is. It's like talking about "robber's greed" or something like that―it's not a meaningful thing, it's misleading. A corporation's purpose is to maximize profit and market share and return to investors, and all that kind of stuff, and if its officers don't pursue that goal, for one thing they are legally liable for not pursuing it. There I agree with Milton Friedman [right-wing economist] and those guys: if you're a C.E.O., you must do that―otherwise you're in dereliction of duty, in fact dereliction of duty. And besides that, if you don't do it, you'll get kicked out by the shareholders or the Board of Directors, and you won't be there very long anyway. ~ Noam Chomsky

In the 1980s, corporate raiders began mounting unfriendly takeovers of companies that could deliver higher returns to their shareholders - if they abandoned their other stakeholders. ~ Robert Reich

The main effect of turning a partnership into a corporation was to transfer the financial risk to the shareholders. "When things go wrong it's their problem, ~ Michael Lewis

I agree with Peter Drucker that the culture and legal systems of the United Statesare especially favorable to shareholder interests, compared to other interests and compared to most other countries. Indeed, there are many other countries where any good going to public shareholders has a very low priority and almost every other constituency stands higher in line. ~ Charlie Munger

Far too many executives have become more concerned with the 'four P's' - pay, perks, power and prestige - rather than making profits for shareholders. ~ T. Boone Pickens

If you run a business, put on top your employees, then your consumers, and then your shareholders. ~ Richard Branson

People invest in companies in order to get a share of the profit that company will make. If the Government increases its share of the profits, potential profits, at the expense of the owners of the company, the shareholders, then that makes investment in that company less attractive. ~ Malcolm Turnbull

Banks do not create money for the public good. They are businesses owned by private shareholders. Their purpose is to make a profit. ~ John Rogers

If men's wages too have been depressed, if there literally aren't enough jobs, or enough money to pay for them (what with the dire need to pay CEOs so many more times more than anyone else, not to mention the precious shareholders), then the category 'woman' remains a useful one for the 'first fired, last hired' policy that has characterized the employment market for much of the last hundred years or so. ~ Nina Power

The goal of the nonprofessional should not be to pick winners - neither he nor his "helpers" can do that - but should rather be to own a cross section of businesses that in aggregate are bound to do well. A low-cost S&P 500 index fund will achieve this goal. - WARREN BUFFETT, 2013 letter to shareholders ~ Anthony Robbins

Your employees come first. And if you treat your employees right, guess what? Your customers come back, and that makes your shareholders happy. Start with employees and the rest follows from that. ~ Herb Kelleher

We believe strongly that in the long term, we will be better served - as shareholders and in all other ways - by a company that does good things for the world even if we forgo some short term gains. This is an important aspect of our culture and is broadly shared within the company. ~ Larry Page

The shareholders who own the businesses in this book have other, nonfinancial priorities in addition to their financial objectives. Not that they don't want to earn a good return on their investment, but it's not their only goal, or even necessarily their paramount goal. They're also interested in being great at what they do, creating a great place to work, providing great service to customers, having great relationships with their suppliers, making great contributions to the communities they live and work in, and finding great ways to lead their lives. They've learned, moreover, that to excel in all those things, they have to keep ownership and control inside the company and, in many cases, place significant limits on how much and how fast they grow. The wealth they've created, though substantial, has been a byproduct of success in these other areas. I call them small giants. ~ Bo Burlingham

Today we have a health insurance industry where the first and foremost goal is to maximize profits for shareholders and CEOs, not to cover patients who have fallen ill or to compensate doctors and hospitals for their services. It is an industry that is increasingly concentrated and where Americans are paying more to receive less. ~ Dianne Feinstein

Charities must treat donors as if they were shareholders. ~ Arpad Busson

The board is currently undertaking what could be its most important task, ... We are confident that we're going to make a choice that is in the best interest of the company, shareholders and others. ~ George J. Mitchell

Regarding our links with the Russian government, Severstal is a private company with no government participation. We are answerable to our shareholders. ~ Alexei Mordashov

We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets. ~ Warren Buffett

In terms of companies, they must stand for something bigger. They must be dedicated to something larger than financial results. I reject the Milton Friedman belief that a company's sole responsibility is to the shareholders. ~ Srikumar Rao

If you're long-term oriented, customer interests and shareholder interests are aligned. ~ Jeff Bezos

Haven't you figured it out? Giving money away doesn't solve anything. Asking the zottarich to redeem themselves by giving money away acknowledges that they deserve it all, should be in charge of deciding where it goes. It's pretending that you can get rich without being a bandit. Letting them decide what gets funded declares the planet to be a giant corporation that the major shareholders get to direct. It says that government is just middle-management, hired or fired on the whim of the directors. ~ Cory Doctorow

From the perspective of sixties radicals, who regularly watched antiwar demonstrations attacked by nationalist teamsters and construction workers, the reactionary implications of corporatism appeared self-evident. The corporate suits and the well-paid, Archie Bunker elements of the industrial proletariat were clearly on the same side. Unsurprising then that the left-wing critique of bureaucracy at the time focused on the ways that social democracy had more in common with fascism than its proponents cared to admit. Unsurprising, too, that this critique seems utterly irrelevant today.*

What began to happen in the seventies, and paved the way for what we see today, was a kind of strategic pivot of the upper echelons of U.S. corporate bureaucracy - away from the workers, and towards shareholders, and eventually, towards the financial structure as a whole.
__________
*Though it is notable that it is precisely this sixties radical equation of communism, fascism, and the bureaucratic welfare state that has been taken up by right-wing populists in America today. The internet is rife with such rhetoric. One need only consider the way that 'Obamacare' is continually equated with socialism and Nazism, often both at the same time. ~ David Graeber

I know different ways of looking at things. I have my stockholders, and I feel a very keen responsibility to the shareholders, but I feel that the main responsibility I have to them is to have the stock appreciate. And you only have it appreciate by reinvesting as much as you can back in the business. And that's what we've done ... and that has been my philosophy on running the business. ~ Walt Disney

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. ~ Jack Ma

Evidently stockholders have forgotten more than to look at balance sheets. They have forgotten also that they are owners of a business and not merely owners of a quotation on the stock ticker. It is time, and high time, that the millions of American shareholders turned their eyes from the daily market reports long enough to give some attention to the enterprises themselves of which they are the proprietors, and which exist for their benefit and at their pleasure. ~ Benjamin Graham

Shareholder activism is not a privilege - it is a right and a responsibility. When we invest in a company, we own part of that company and we are partly responsible for how that company progresses. If we believe there is something going wrong with the company, then we, as shareholders, must become active and vocal. ~ Mark Mobius

The owners and top managers of most news media organizations tend to be conservative and Republican. This is hardly surprising. The shareholders and executives of multi-billion-dollar corporations are not very interested in undermining the free enterprise system, for example, income from offended advertisers. These owners and managers ultimately decide which reporters, newscasters, and editors to hire or fire, promote or discourage. Journalists who want to get a head, therefore, may have to come to terms with the policies of the people who own and run media businesses. ~ Edward S. Greenberg