Most firms’ annual general meetings
(AGMs) owe more to North Korea than ancient Greece. By long-standing tradition,
bosses make platitudinous speeches, listen to lone dissidents with the air of
psychiatric nurses towards patients and wait for their own proposals to be
rubber-stamped by the proxy votes of obedient institutional investors.
According to Manifest, a shareholder-advice firm, 97% of votes cast across
Europe last year backed management.
So should corporate
democrats be cheered by the rebellion over pay at Royal Dutch Shell At the oil
giant’s AGM on May 19th, 59% of voting shareholders sided against pay packages
for top executives. In particular they disliked 4.2 million ($ 5.8 million) in
shares dished out to five executives, which comprised about 12% of their total
pay for 2008．Under the firm’s rules, such awards should b
A. In the AGM there are some Greek traditions to be followed.
B. In the AGM, most of the time investors will vote in favour of the company’s proposals without proposing any objections.
C. AGM was first created by North Korea and then accepted by European countries.
D. In the AGM it is always the case that any proposal will encounter severe debate, as Greeks are in strong favour of rhetoric.
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Most firms’ annual"的相关试题:
[单项选择] Text 3
Most firms’ annual general meetings
(AGMs) owe more to North Korea than ancient Greece. By long-standing tradition,
bosses make platitudinous speeches, listen to lone dissidents with the air of
psychiatric nurses towards patients and wait for their own proposals to be
rubber-stamped by the proxy votes of obedient institutional investors.
According to Manifest, a shareholder-advice firm, 97% of votes cast across
Europe last year backed management.
So should corporate
democrats be cheered by the rebellion over pay at Royal Dutch Shell At the oil
giant’s AGM on May 19th, 59% of voting shareholders sided against pay packages
for top executives. In particular they disliked 4.2 million ($ 5.8 million) in
shares dished out to five executives, which comprised about 12% of their total
pay for 2008．Under the firm’s rules, such awards should b
A. Shell is the first company that adopts Greek style AGM.
B. Shell is the first company that reforms AGM toward a more consensus style.
C. The case shows that investors will no longer be obedient and rubber stamps, but practice their deserved rights in the operation and management of the company.
D. Shell has decided to accept the objections in AGM and handed over much of its management functions and powers to the shareholders.
[单项选择]Which of the following firms is most likely to have a board of directors that considers the best interest of all shareholders（）
A. Firms that assign a single vote to each share, but not firms with different classes of common equity with supermajority rights given to one class.
B. Firms that assign a single vote to each share, and firms with different classes of common equity with supermajority rights given to one class.
C. Firms with different classes of common equity with supermajority rights given to one class, but not firms that assign a single vote to each share.
[单项选择]Text
Most radio and television stations in the United States are commercial stations, (26) is to say, they earn their money from (27) or commercials. Private companies purchase radio and television (28) from the commercial stations in order to (29) their products. Cable television stations are also (30) stations, though they do not usually have advertisements. (31) watch cable stations, people must pay the cable TV company a certain amount of money each (32) .
Public radio and television stations, on the (33) hand, do not have advertisements and people do not have to (34) to watch them. These stations gain their money (35) the government, private companies, and from some of the (36) who watch or listen to their programs. The (37) government and some large corporations give (38) , large gifts on money, to the public stations. Small businesses and peop
A. program
B. month
C. advertisement
D. piece
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