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Fewer films and TV dramas are now being made (studio bosses are, after all, now answerable to shareholders).
In 2007, Fortress went public, creating wealth for its partners but also making them answerable to shareholders.
What does it say about us if those at the heart of occupations are answerable to shareholders rather than a government?
From now on Facebook will have to do its innovating in public, and will be answerable to shareholders as well as its users.
In addition, executives are answerable to shareholders who may question the merits of a rescue.In the absence of a buyer, it is then up to the central bank to provide cash by acting as a "lender of last resort".
For Mr. Signoles, who does not spend a cent on advertising and whose privately owned company has the luxury of not being answerable to shareholders, the book is symbolic.
Similar(47)
EDF's board is, of course, answerable to its shareholders.
At most, they're answerable to their shareholders, who demand high share prices whatever that requires.
Though Celera's researchers are scientists of integrity, they are ultimately answerable to their shareholders.
Yet CEOs of public companies are answerable to their shareholders and customers.
The best that can be hoped for is that shareholders, rating agencies and the media will increase the pressure for boards to be more transparent, and thereby more answerable to their shareholders.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com