Tue, Mar 24th, 2009
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It is not really so difficult.
Because investors are a diverse group, they rarely get together on their own to force corporations to take specific actions. Thus, the power of investors to enforce change is ignored.
But, investors have another power that does not require concerted action--they vote with their feet, and, if the appropriate "force-fields" are erected, the sum of their individual actions will, in a way that would have pleased Tolstoy, change corporate behaviors.
Related stories from top sites:
Progress Software Names New CEO to Replace Founder
Mar 20th, 2009 - Wall Street Journal
Progress Software Corp. named Richard D. Reidy, a company veteran, as president and chief executive officer, replacing founder Joseph W. Alsop, who resigned and said he won't serve as a director after his current term ends. Mr...
Michele Swenson: Dems & Repubs on Health Care: 'Love a Lobbyist'
Mar 20th, 2009 - The Huffington Post
Unleashing an era of unfettered corporate greed, in 1995 Newt Gingrich and Tom DeLay herded lobbyist contributions to Republicans, in exchange for corporate-authored legislation to overcome much regulatory law...
Accenture 2Q Net Rises 1.2%, But Co Cuts FY Views >ACN
Mar 20th, 2009 - Wall Street Journal
Accenture Ltd.'s (ACN) fiscal second-quarter net income edged up 1.2% despite strong headwinds from a stronger dollar and economic conditions. However, revenue fell short of expectations...
Wal-Mart sex discrimination case back in court
Mar 20th, 2009 - Reuters
SAN FRANCISCO (Reuters) - A U.S. court began considering on Tuesday whether to uphold a lower court ruling allowing about 2 million current and former female Wal-Mart workers to sue the firm for sexual discrimination as a group. Wal-Mart Stores Inc...
Robyn O'Brien: Naughty, Naughty Boys and the Collateralized Commodity Bailout
Mar 20th, 2009 - The Huffington Post
A hot new trend among traders is betting on packages of energy and agricultural futures. Kind of like the bankers bet on subprime mortgages, traders recently invented Collateralized Commodity Obligations (or CCO's)...




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