The convoluted legal settlement, however, only goes to show it's better to avoid a shareholder caste system in the first place.
Analysts said that one way to lift the stock price would be to oust Mr. Messier, whose star has become tarnished by recent issues, including problems in the electronic shareholder voting system used at the company's annual meeting last month.
"For British Sugar's major shareholders, the system is a mechanism for converting a tax on consumers into large profits".
Besides weakening the shareholder-lawsuit system, the LDP's proposed bill would strengthen the kansayaku system and, anti-reformers hope, strangle debate about alternatives, too.
Checks and balances alone don't work: they have to be animated by an honest acceptance of mutual responsibility between firms and society – a moral ethic that must inform unions, regulators, shareholders and systems of corporate governance alike.
The essential problem with Mr. Kerry's plan is that it does not eliminate the waste in our present corporate-run system: shareholder profit, excessive executive salaries and other expenses unrelated to the provision of health care.
Siebel Systems is a minority shareholder in Satmetrix Systems and the companies share a director.
According to one institutional shareholder, the additional systems helped Adelphia obtain bulk discounts on equipment.
Under this new system, shareholders with more than 2% of Vivendi lose significant voting power if (as is usually the case) the turnout for votes is much below 100%.
Four years ago, he was the kind of customer whom most brokers dream about: he had been the president and the biggest shareholder of Prospero Systems, an Internet communications company that was acquired for $3 million, and he wanted to invest his share of the proceeds.
The startup will also ask new users a set of questions regarding their industry, business model, office location(s), staff, shareholders, and accounting system.
