Chief executives, who themselves own few shares of their companies, have no more feeling for the average stockholder than they do for baboons in Africa.— T. Boone Pickens
Most Powerful Stockholder quotations
We are moving from a chain of command to a web of connection, from competition to collaboration, from markets to networks and stockholders to stakeholders, and greed to green.
...leaders who do not hold their people accountable to a set standard are, in effect, thieves and liars. Thieves because they are stealing from the stockholder who pays them to hold people accountable, and liars because they pretend that everything is OK with their people when in fact everything is not OK.
The increase in the assets of the Federal Reserve Banks from 143 Million dollars in 1913 to 45 Billion dollars in 1949 went directly to the private stockholders of the [Federal Reserve] banks.
To have a healthy and thriving business, there must be healthy relationships with the C.E.O.S. in the organization and I'm not referring to the Chief Executive Offficers. I am talking about the Customers, the Employees, the Owner (or stockholders), and the Suppliers.
The aim proposed here for any organization is for everybody to gain - stockholders, employees, suppliers, customers, community, the environment - over the long term.
To me, business isn't about wearing suits or pleasing stockholders.
It's about being true to yourself, your ideas and focusing on the essentials.
Management, in the sense of employer, is merely the agent for the public, the stockholders and the employees. It is management's job to preserve the balance fairly between all these interests, that each may have his fair share without imperiling the continuity of the effort upon which the whole depends.
The physical power to get the money does not seem to me a test of the right to tax. Might does not make right even in taxation. To hold that what the use of official authority may get the state may keep, and that if it cannot get hold of a nonresident stockholder it may hold the company as hostage for him, is strange constitutional doctrine to me.
And what did the banks do to earn this perpetually flowing river of wealth? Did they lend out their own capital obtained through investment of stockholders? Did they lend out the hard-earned savings of their depositors? No, neither of these were their major source of income. They simply waved the magic wand called fiat money.
A big business never becomes big by being a narrow society looking after only the interests of its organization and stockholders.
So the question is, do corporate executives, provided they stay within the law, have responsibilities in their business activities other than to make as much money for their stockholders as possible? And my answer to that is, no they do not.
Was there ever such an autumn? And yet there was never such a panic and hard times in the commercial world. The merchants and banks are suspending and failing all the country over, but not the sandbanks, solid and warm, and streaked with bloody blackberry vines.You may run upon them as much as you please--even as the crickets do, and find their account in it. They are the stockholders in these banks, and I hear them creaking their content.
This merger is a logical next step that creates substantial value for customers and stockholders of both AT&T and BellSouth. It will benefit customers through new services and expanded service capabilities.
I talked about the consolidation of power in the hands of the corporate bureaucracy, as distinct from the stockholders. To this view, I still strongly adhere.
Now, grosses are listed in the newspapers and on television like it's a sporting event. It's ridiculous, because when you're watching a movie, unless you're an investor in the movie or a stockholder in the studio, what do you care how much it's grossing or how much it cost or any of that stuff?
Voluntary actions by corporations should not go beyond innovative win - win 'no regrets' initiatives. Greenhouse gas control practices that are uneconomic penalize either consumers or stockholders while politicizing the issue of corporate responsibility. Few will be satisfied, and the ineffectual measures will eventually have to be abandoned.
Few trends could so thoroughly undermine the very foundations of our free society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible.
An excellent monument might be erected to the Unknown Stockholder.
It might take the form of a solid stone ark of faith apparently floating in a pool of water.
All across America news organizations have been devoured by massive corporations, and allegiance to stockholders, the drive for higher share prices, and push for larger dividend returns trumps everything that the grunts in the newsrooms consider their missions.
When you're working on a game that has a budget of tens of millions of dollars and you have to sell millions and millions and millions of copies to break even, you have a lot more layers between you and the audience. You have a marketing department, and there's a different marketing department for every continent, and the parent company has stockholders, and all that kind of stuff.
Stockholders are used to a certain kind of global capitalism.
This version is very hard on the environment and very hard on people below a certain fiscal level. It is a calculated, systematic weakening of people. Many labour, a few benefit. Try talking about cleaning up the place with these people. The hostility is incredible.
I believe that capitalism, at least how it's used by major corporations, and environmental concerns are in opposition. To be ecologically aware, productivity of many things would slow down at least for awhile. Stockholders don't want to hear about the saving of the whales or some stream in Kentucky. They want a return on their investment.
We should totally ban for-profit charters.
For-profit's first obligation is to its stockholders, not to its children.
All of the jobs have gone away to satisfy the stockholders, so that's where the economy has gone. These major multinational corporations do not see their futures in America.
Unhappily, no man exists who has not in his own person become, to some amount, a stockholder in the sin, and so made himself liable to a share in the expiation.
A jury found former Enron sleezeballs Ken Lay and Jeff Skilling guilty of fraud and conspiracy. Ken Lay? That's not a good name to have when you're going to prison. And Kenny Boy ain't too good either. ... I guess in prison they'll have done to them what they did to the stockholders.
The public be damned. I am working for my stockholders.
The great power in America is the corporations - we`re a corporate country.
We`re run by a CEO and the stockholders have very little to say on how the corporation is run. Fine, the board of directors run it and the stockholders can just be disgruntled, but who gives a damn?
Some representatives of monopolistic capitalism, sensing this evil in their system, have tried to silence criticism by pointing to the diffused ownership in the great corporations. They advertise, "No one owns more than 4 percent of the stock of this great company." Or they print lists of stockholders, showing that these include farmers, schoolteachers, baseball players, taxi drivers, and even babies.
Organizations are not really "owned" by anyone.
What formerly constituted ownership was split up into stockholders' rights to share in profits, management's power to set policy, employees' right to status and security, government's right to regulate. Thus older forms of wealth were replaced by new forms.
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.
I don't like stock buybacks. I think if a company has the money to buy their stock back, then they should take that and increase the dividends. Send it back to the stockholder. Let them invest their money again from the dividends.
I always saw myself as a large stockholder trying to make a difference. I wasn't raiding anybody.
To expose a 4.2 Trillion dollar ripoff of the American people by the stockholders of the 1000 largest corporations over the last one-hundred years will be a tall order of business.