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It is accused of lacking transparency and stripping assets, often at the expense of jobs.
Minority shareholders say management has been stripping assets ahead of the vote.
The investors have expressed concern that executives may be stripping assets from Gazprom, the world's largest producer of gas.
Mr. Fyodorov, a former finance minister and leading market reformer, has long been calling for a change in the company's management, which he says has been stripping assets.
On the other hand, greater transparency might reduce the pressure from critics of private equity, who caricature the industry as a destructive force, stripping assets in the shadows.Josh Lerner of Harvard Business School points to two other potential problems, one caused by too much liquidity, the other by too little.
Decrying "the hollowing out" of the economy, the resolution added that by the 1980s the nation's financial sector was failing to perform its "essential function" of channeling savings to productive investment in the real economy, focusing instead on various forms of complex financial engineering and "making a quick buck by stripping assets from existing business and downsizing their work forces".
Similar(49)
He has yet to craft a strong response to accusations that he stripped assets and jobs from companies bought by Bain Capital when he led it.
In May 2009, 18 financial institutions filed suit to overturn the split, arguing that MBIA had inappropriately stripped assets from the MBIA Insurance Corporation, making it insolvent.
Natalia and Leone were married in 1938, the year Italy's racial laws were enacted; these rules limited Jewish publications, restricted freedom of travel, stripped assets owned by Italian Jews, and prohibited them from holding positions of influence.
However, BP's own history in Russia doesn't necessarily serve as much as a deterrent to Gazprom: TNK stripped assets from an oil company part-owned by BP in the late 1990s, yet in 2003 BP agreed to form a joint venture with the aggressive Russian company.For BP, Kovykta is a big deal.
Both of these options often involve lost jobs and stripped assets, an anathema to founders who spent decades building up their business.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com