Corporations

Tuesday 16th of April 2024

Corporations All laws on corporations, on taxation, on trusts, wills, descent, and the like, need examination and extensive change. This is a government of the people, by the people, and for the people no longer. It is a government of corporations, by corporations, and for corporations. Rutherford B. Hayes (1822-1893) © 2020 Kwiple.com
Corporations The biggest flaw in the shareholder primacy model is that the shareholder is no longer the residual risk-taker in the corporation. Bankruptcy is no great threat to institutional investors running huge diversified portfolios. Employees have much more at risk, especially where their skills are specific to the firm. Suppliers likewise often have more at risk than shareholders. John Plender, Financial Times, January 2, 2019 © 2019 Kwiple.com
Corporations Corporations are people. Mitt Romney © 2024 Kwiple.com
Corporations A recent study showed the proportion of psychopaths in corner offices is the same as in prison. Lucy Kellaway, Financial Times, April 17, 2017 © 2017 Kwiple.com
Corporations To the extent that corporations benefit from government largess in areas such as clean energy, health care, free trade, and international economic development, they are unlikely to bite the hand that feeds them. Jennifer Delton, “Why the American Center Held —and Then Fell Apart” © 2017 Kwiple.com
Multinational corporations An international business operating throughout the world should conduct its operations in strictly business terms, without regard to the political beliefs of its management, or the political beliefs of the countries in which it is operating. Alfred P. Sloan, Chairman of the Board from 1937 to 1956 of the General Motors Corporation, whose German operations manufactured armaments for Hitler during World War II © 2020 Kwiple.com