Shareholders Quotes - Page 3

• Companies, to date, have often used the excuse that they are only beholden to their shareholders, but we need shareholders to think of themselves as stakeholders in the well being of society as well.

  Simon Mainwaring

  Thinking, Needs, Excuse

  "Blake Mycoskie On TOMS New One For One Eyewear". Interview with Blake Mycoskie, www.fastcompany.com. June 27, 2011.

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• My wealth came from growing businesses. I had wealth, but not liquidity. Basically I transferred illiquid shares of AIC for liquid shares of Manulife. Now I'm the biggest individual shareholder of Manulife.

  Michael Lee-Chin

  Growing, Liquid, Wealth

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• I think the biggest single issue is income inequity and what this is doing to the good old "American dream." This and corporatism - this delusional idea that "shareholder value" outweighs everything else.

  George Saunders

  Dream, Thinking, Ideas

  "George Saunders on Trump, Mystery, and Why He Rejects Social Media". Interview with Catherine Woodiwiss, sojo.net. August 30, 2016.

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• Oligopoly, plutocracy, kleptocracy: All things that are good for a shareholder.

  Jim Cramer

  Oligopoly, Plutocracy, All Things

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• Management has failed miserably at creating increased value for shareholders. Indeed, despite some recent short-term gains, which actually only put us back where we were eight years ago, they have been devaluing our assets, turning a unique institution into just another entertainment company.

  Roy O. Disney

  Unique, Eight, Years

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• One out of every eight prisoners in the world is an African American. We are warehousing people as a profit to shareholders or for benefits to communities that get to host federal prisons. It is modern slavery.

  Randall Robinson

  Eight, People, Community

  Interview with Amitabh Pal, www.sharedhost.progressive.org. September 26, 2005.

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• There are questions as to whether it should even exist. Who should corporations be responsive to, the management of a corporation? Theoretically they are responsive to the shareholders, but I why not to the so - called stakeholders, the work force and the community? Nothing in economic theory opposes that. Those are social and political decisions.

  Noam Chomsky

  Community, Decision, Political

  Interview with Jegan Vincent de Paul, chomsky.info. August 15, 2012.

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• Does making money excite me? No, but I have to make money for my shareholders. What excites me is achievement, doing something difficult.

  Dhirubhai Ambani

  Inspirational, Powerful, Achievement

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• I am convinced that companies should put staff first, customers second and shareholders third - ultimately that's in the best interest of customers and shareholders.

  Richard Branson

  Wisdom, Firsts, Staff

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• Large companies cannot finance political parties as their shareholders and employees have different political views.

  Mikhail Khodorkovsky

  Party, Views, Political

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• 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

  Past, Opportunity, Reality

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• When a man tells you that he got rich through hard work, ask him whose. There's no evidence that more people with more skills would produce more jobs. There's a great deal of evidence that they produce more competition for the jobs that exist, and in turn, drive down the cost of labour. Nothing pleases a corporation more than having five people compete for the same job. Competitiveness means good times for machines, not workers, because our tax systems privilege machines over workers.A lost job can put a smile on any shareholder's face.

  Eric Reguly

  Jobs, Mean, Hard Work

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• Companies that build scale for the benefit of their customers and shareholders more often succeed over time.

  Jamie Dimon

  Business, Benefits, Succeed

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• If CEO compensation was performance-driven, which I believe it was in IBM's case, nobody would ever argue. If the shareholders didn't make billions and billions of dollars, I wouldn't make millions of dollars. My salary was the same for 10 years. It was all performance-based.

  Lou Gerstner

  Believe, Years, Salary

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• If you were at Lehman, the same thing happened. If you were at AIG, the shareholders are getting creamed on these things. And those shareholders are not just a bunch of big shots in Wall Street. Those are pension funds, and those are investors all over the country. I wouldn't worry too much about that. Justice won't be perfect on it.

  Warren Buffett

  Country, Wall, Perfect

  "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime". "Charlie Rose", www.cnbc.com. October 1, 2008.

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• It's a nightmare to administer some of this sort of thing, but I want to tell the shareholders of Berkshire, to the percent we own marketable securities or things for which there are market, even if those markets - I want to tell them what it's all about.

  Warren Buffett

  Want, Nightmare, Percent

  "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime". Interview With Charlie Rose, www.cnbc.com. October 1, 2008.

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• I really believe that all CEO pay should be voted on by shareholders ahead of time. Mine was.

  Carly Fiorina

  Believe, Pay, Should

  "Robin Roberts Grills Carly Fiorina on 'Too Extreme' Sarah Palin". Interview with Robin Roberts, www.newsbusters.org. October 29, 2010.

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• The profit motive is not only fundamental to our ability to reward shareholders and pay employees; it's fundamental to excellent journalism. Far from corrupting the craft, profits enhance it. Expansion drives diversity and diversity protects and strengthens our craft.

  Lachlan Murdoch

  Strength, Strong, Diversity

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• I'm the C.E.O., nominated by the shareholders. If they're not happy, I have to take the consequences.

  Carlos Ghosn

  Not Happy, Ifs, Consequence

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• I guess that's one achievement I'm really proud of. Saving Chrysler was more than jobs, more than shareholder value. Saving Chrysler was a good idea for the whole country.

  Lee Iacocca

  Country, Jobs, Ideas

  "Lee Iacocca, The !dea Man". Interview with David E. Davis, Jr., www.motortrend.com. October 5, 2005.

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• 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

  Asking, My Family, Colleagues

  Martha Stewart (2006). “The Martha Rules: 10 Essentials for Achieving Success as You Start, Build, or Manage a Business”, p.121, Rodale

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• 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.'

  Michael Moore

  Responsibility, Law, Way

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• 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

  Responsibility, Community, Who Cares

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• 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

  Money, Moving, Dollars

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• 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

  Jobs, Ideas, Decision

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