A Quote by Robert Reich

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

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Abandoned Began Companies Corporate Could Deliver Higher Mounting Other Raiders Returns Shareholders Stakeholders Takeovers Unfriendly

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Robert Reich
American - Economist
Born: June 24, 1946

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

If you have a business that isn't growing the top line, it's very hard to deliver attractive returns to shareholders.

Soren Skou

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

As a pro-business Democrat, I understand the obligations of publicly traded companies to maximize returns to shareholders.

William M. Daley

Now the Japanese companies are more focused on that. To have two independent directors - I think it's good to have outside people look at you and think of what you could be doing better. Those are voluntary, but most of the companies told me they're going to do it. And I think it's good for them to say our returns on equity, for example, should be higher. Also, I think some could be more ambitious.

Jamie Dimon

I believe Washington should be a more active participant focusing on the issue of why corporate shareholders and mutual fund shareholders are not given fair treatment by corporate management and mutual fund management. We need to develop a national standard of fiduciary duty to ensure that these agents, if you will, are adequately representing the principles - pension beneficiaries and mutual fund shareholders - whom they are duty bound to serve.

John C. Bogle

Countries with higher levels of gender equality have higher economic growth. Companies with more women on their boards have higher returns. Peace agreements that include women are more successful. Parliaments with more women take up a wider range of issues - including health, education, anti-discrimination, and child support.

Ban Ki-moon

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

People who get higher pay are more willing to relocate--especially to undesirable locations at the company's behest... A corporate secretary may change companies in the same town; a corporate executive is more likely to change towns with the same company. A talented corporate secretary sees an invitation to relocate as an invitation; a future corporate executive sees an invitation to relocate as an opportunity--and an obligation.

Warren Farrell

Companies that grow for the sake of growth or that expand into areas outside their core business strategy often stumble. On the other hand, companies that build scale for the benefit of their customers and shareholders more often succeed over time.

Jamie Dimon

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

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

I'm a lover of the great adventure films of the 1980s: 'Goonies,' 'E.T.,' 'Raiders of the Lost Ark,' 'Star Wars.'

Kelly Asbury

Foreign companies in the United States have a significantly higher unionization rate than other companies overall.

Sherrod Brown

Jimmy Baldwin was the creator of contemporary American speech even before Americans could dig that. He created it so we could speak to each other at unimaginable intensities of feeling, so we could make sense to each other at yet higher and higher tempos.

Amiri Baraka

Basically, the UBR is a relic of an earlier vision for UDDI. The original vision for UDDI was as a standard that would help companies conduct business with each other in an automated fashion. The idea was that companies could publish how they wanted to interact, and other companies could find that information and use it to establish a relationship.

Michael Bloomberg

A Quote by Robert Reich

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