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Like all finance companies,GE Capital makes its money by borrowing large sums against much smaller amounts of shareholders' money.
John D. Wren, the chief executive of Omnicom, which is based in New York, has said it is unwise for ad agencies to commit large amounts of shareholders' money to deals that turn them into technology hopefuls, while Internet companies like Google and Facebook retain the real expertise.
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"After today's meeting, investors can be certain that Apple is wasting untold amounts of shareholder money to combat so-called climate change.
After all, a shareholder who receives a dividend from Company A might reinvest the cash in Company B, an action that seems just as likely to create a new job as would spending by Company A. Moreover, the Brennan study still finds significant amounts of shareholder payouts from repatriated profits, ranging from 20 cents on the dollar for the largest companies to 40 cents for smaller ones.
Besides, the boss's pay is no small amount of shareholders' money, especially in these lean times.
Another notable measure: The legislation does away with the 500-shareholder rule, which put a cap on the amount of shareholders a company was allowed before having to register with the SEC.
Determine the amount of shareholders' equity for the company.
"It is extremely rare to have that amount of shareholder disaffection directed toward an executive who is so central to the company's past, present and future".
The board and management, he said, need to "ensure that we extract the maximum amount of shareholder value in any way we can".
COMPARED with Lucent's financial accounting restatements of $679 million and the problems that have befallen that company, the amount of shareholder equity lost in Indus's case seems inconsequential.
It is that this is an equity that once destroyed an astonishing amount of shareholder value.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com