The City’s reluctance to take a stand on an issue like the British Gas pay row makes a mockery of corporate governance and shareholders’ ability to influence annual general meetings. Institutions should be obliged to make public how they vote at such events. They should be obliged to provide customers with a record of how they vote on every kind of issue.
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- If when a businessman speaks of minority employment, or air pollution, or poverty, he speaks in the language of a certified public accountant analyzing a corporate balance sheet, who is to know that he understands the human problems behind the statistical ones? If the businessman would stop talking like a computer printout or a page from the corporate annual report, other people would stop thinking he had a cash register for a heart. It is as simple as that — but that isn’t simple.
- Corporations are social organizations, the theater in which men and women realize or fail to realize purposeful and productive lives.
- Corporations cannot commit treason, or be outlawed or excommunicated, for they have no souls.
- Corporation. An ingenious device for obtaining individual profit without individual responsibility.
- Show me the business man or institution not guided by sentiment and service; by the idea that he profits most who serves best and I will show you a man or an outfit that is dead or dying.
- Business is not just doing deals; business is having great products, doing great engineering, and providing tremendous service to customers. Finally, business is a cobweb of human relationships.