Exact(7)
Directors should guarantee a reasonable process whereby shareholders get to decide.
I show that the current system, whereby shareholders vote by unilateral proxies, can create distortions which disenfranchise shareholders.
Instead of defending the corporate bastion at all costs, directors should guarantee a reasonable process whereby shareholders get to decide.
There is also a complicated arrangement whereby shareholders can choose to change the proportion of paper and cash.
The system whereby shareholders are entitled to a single vote each regardless of the size of their stake will be abandoned.
The principle of "orderly shareholder voice" involves a different conceptualization of the board's role to guarantee a reasonable process whereby shareholders get to decide, rather than to defend the corporate bastion at all costs.
Similar(53)
CanniMed rejected the offer and, on November 17, announced a friendly acquisition agreement with Newstrike Resources whereby Newstrike shareholders would receive 33 CanniMed shares per 1,000 Newstrike shares.
Hollinger is trying to negotiate a deal whereby the shareholders are paid 8% interest - rather than the current 7% - in return for putting off the repayment of the $101m due until April 2008.
Trying to improve the way a firm is run is more constructive than the traditional "Wall Street walk", whereby disgruntled shareholders simply sell their shares.In this section The rise of the sharing economy A little faster, George?
Anyway, so a complex deal is pieced together whereby Seagate shareholders get about $20 billion worth of Veritas stock and $1.2 to $2 billion in cash.
Large redemptions, whereby a shareholder (or several) redeem ETF shares for the underlying securities can specifically effect securities lending programs.
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