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gratuitous

(82,849 posts)
5. Shareholders need to know if their investment is sound
Wed May 31, 2017, 07:07 PM
May 2017

Why isn't Exxon's board out in front of this? Or don't they care about shareholders getting a good return on investment? For the last 40 years or so, many corporations have gone from being responsible citizens in our country to being focused solely on shareholder value, and using that as an excuse to become irresponsible citizens, caring for neither society nor their contribution to it. Well, here's an issue of responsible corporate citizenship and shareholder value, and Exxon's board is dodging even that obligation.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Oh yes malaise May 2017 #1
Wow Ohioblue22 May 2017 #2
K&R smirkymonkey May 2017 #3
K&R... spanone May 2017 #4
Shareholders need to know if their investment is sound gratuitous May 2017 #5
Not a Trivial Point modrepub May 2017 #7
This is why they want in on the Russian Arctic oil... Wounded Bear May 2017 #12
Wow! Good for those shareholders. It's about time. CaliforniaPeggy May 2017 #6
Given that shareholder resolutions are non-binding mythology May 2017 #8
Awesome!! Thank you for sharing! bresue May 2017 #9
WOW. Sugar Smack May 2017 #10
29 years since the signal went up . . . hatrack May 2017 #11
K & R BadgerMom May 2017 #13
Double WOW!! Duppers May 2017 #14
Resistance is NOT futile central scrutinizer May 2017 #15
Oh, and in case you were wondering - it's a non-binding resolution - they'll "reconsider" it hatrack Jun 2017 #16
Thanks for posting! I was trying to figure this out. BigmanPigman Jun 2017 #17
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