Charles Elson Quotes

Wow, he's in an awkward position. - Charles Elson

When you see something like this, it begs asking what failure in their system led to this. Why didn't anyone pick it up? - Charles Elson

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. - Charles Elson

When a consultant does other work for the company, it creates either the actual danger or perceived danger of a conflict of interest. The consultant should either work for the board, or work for the company. - Charles Elson

We're seeing board salaries going up all over the place. - Charles Elson

Trading on stock on nonpublic information is legally problematic for the SEC, absolutely. But to get to liability is a pretty long road. It doesn't happen very easily. - Charles Elson

Those are big numbers. Almost a third of the shareholders who voted are expressing discontent. - Charles Elson

This is the quintessential case of shareholder activism, and we can thank the Gilberts for it. - Charles Elson

This indicates some receptiveness to calls for better governance. - 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. - Charles Elson

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