Charles Elson Quotes

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

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Pressure | Management | Defend | Creates | Greater |

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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. - Charles Elson

It's a novel idea. Where it's unique is that if directors don't meet internally based targets, they get nothing. - Charles Elson

It's an excellent proposal. A lot of companies have such agreements informally, particularly for directors. - Charles Elson