I have previously written about the particular agency problem for promoter-led companies: protecting minority shareholders. Promoters have considerable leeway to siphon corporate resources away from the minority shareholders via skewed contracts with related companies (e.g., tunnelling profits to firms where the promoter shareholding is larger) and undeserving pecuniary benefits for promoters (e.g., paying for marriage festivities of promoter’s children). 1,409 more words
Tags » Board Of Directors
The next meeting of the KFAI Fresh Air Board of Directors takes place on Monday, April 23, 2018 at 6:30 p.m.
NOTE: THE LOCATION HAS CHANGED SINCE THE ORIGINAL POST! 159 more words
Monday was the annual board meeting and Transparency was there in various forms. First ,we’d like to thank the members of the board who showed up: Joanna Otero-Cruz, Robin Ackerman, Adam Corbett, Sandra Jones, Carrie Ruddell Maria, and Dayna Villa. 584 more words