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Letter "C" » Charles Elson Quotes
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«When they pressure management to defend itself, it creates greater accountability. It forces management to explain its reasoning. The other shareholders can make up their minds whether they agree or disagree. Let the shareholders decide.»
Author: Charles Elson
«It's going to be fun to watch. But the real story took place long ago.»
Author: Charles Elson
«Because of a greater focus on governance, the resignation of a director certainly has a greater weight attached to it. Boards have greater power. In the past, directors just faded into the sunset.»
Author: Charles Elson
«Frankly, once you commit to a job, you should stick with it unless you have an extraordinary reason. You can dissent, but you are not helping by taking yourself out of the equation.»
Author: Charles Elson
«I think it's a smarter move on his part.»
Author: Charles Elson
«That's the debate. No one really knows.»
Author: Charles Elson
«The big question is: Was this a failure of internal controls, or a failure of the board itself? How did something this large escape their notice?»
Author: Charles Elson
«The key is not just to have the role, but what you do with it once you have it.»
Author: Charles Elson
«Since severance packages generally are contractual, the issue is not the size of the severance package. The issue is why was the original employment contract structured to allow such a severance package? And that responsibility rests in the board.»
Author: Charles Elson
«The whole idea of parachutes was to keep executives from standing in the way of valid transactions. What they seem to have become, because of their large size, is an incentive to do transactions.»
Author: Charles Elson
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