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The Review of those days exuded the air of a colonial enterprise the affectation of the longyi was a bit of a giveaway, as was the identity of the magazine's biggest ultimate shareholder, the Hongkong & Shanghai Bank.
The multimillionaire restaurateur and high street clothing supplier, who was paid £93.5m in dividends from BHS during his five years as a shareholder, said he sold his stake in 2006 to Lady Tina Green, the ultimate shareholder of BHS, and the deal did not use funds from the retailer itself, suggesting it was not relevant to MPs' enquiries.
These instruments present the highest capacity to absorb losses, and it is the ultimate shareholder that assumes the loss of value.
It is important to understand how corporate management evaluates potential investments and how a new or expanded plant contributes to ultimate shareholder value.
Although Alphabet's spokeswoman also described the reorganization as a legal formality, and claimed it will not affect ultimate shareholder control, operations, management or personnel.
Being the large and ultimate shareholder, researchers have found that SASAC offers effective monitoring over the managers and affect firm performance more positively (Naughton 2008; Wang et al. 2012a).
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But his family, the ultimate shareholders, thought this was unseemly.
On 30 June last year, United entered into a consultancy agreement with SLP Partners, "a company related to certain of our ultimate shareholders", to pay up to £2.9m.
An entire edifice of self-interest seeks to protect the talent argument and, by so doing, works to prevent the ultimate shareholders – us – from reclaiming the money that is rightfully ours.
The finance ministry, the banks' ultimate controlling shareholder, always buys in, keeping its stakes topped up.
Pirc has had long-standing concerns over Murdoch's independence, as he is a former chief executive of the pay-TV group and "son of Rupert Murdoch, the ultimate controlling shareholder, through News Corporation".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com