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Brown Cafe UPS Forum
UPS Partners
2013 Proxy Proposal 4 - Reduction of Voting Power of Class A Shares
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<blockquote data-quote="SignificantOwner" data-source="post: 1120337" data-attributes="member: 22836"><p>Were no different than any other public company. 96℅ of public companies have only one class of common stock worth one vote per share. If a small group of individuals want control then why don't they use their own money to buy a majority stake?</p><p></p><p></p><p></p><p>The pension plans and mutual funds that own our stock have no interest in our sustainability? Come on, of course they do. If a small group of owners want control they can use their own money to buy a majority stake.</p><p></p><p></p><p></p><p>The last sentence of the same paragraph says </p><p></p><p>"Other studies found CEOs enjoy higher levels of compensation and shareholders enjoy less return on capital investments, while wasting cash and chasing goals that are personally important to those in control–not shareholders."</p><p></p><p>I've done some reading on the topic and formed an opinion. Everyone should read up on it before making up their minds. More available on the topic at:</p><p></p><p><a href="http://scholar.google.com/scholar?hl=en&lr=&q=related:VbSesPoZ3IoJ:scholar.google.com/&um=1&ie=UTF-8&sa=X&ei=5T9nUfa3Eozk4APAtYEw&ved=0CDAQzwIwADgK" target="_blank">related:VbSesPoZ3IoJ:scholar.google.com/ - Google Scholar</a></p></blockquote><p></p>
[QUOTE="SignificantOwner, post: 1120337, member: 22836"] Were no different than any other public company. 96℅ of public companies have only one class of common stock worth one vote per share. If a small group of individuals want control then why don't they use their own money to buy a majority stake? The pension plans and mutual funds that own our stock have no interest in our sustainability? Come on, of course they do. If a small group of owners want control they can use their own money to buy a majority stake. The last sentence of the same paragraph says "Other studies found CEOs enjoy higher levels of compensation and shareholders enjoy less return on capital investments, while wasting cash and chasing goals that are personally important to those in control–not shareholders." I've done some reading on the topic and formed an opinion. Everyone should read up on it before making up their minds. More available on the topic at: [url=http://scholar.google.com/scholar?hl=en&lr=&q=related:VbSesPoZ3IoJ:scholar.google.com/&um=1&ie=UTF-8&sa=X&ei=5T9nUfa3Eozk4APAtYEw&ved=0CDAQzwIwADgK]related:VbSesPoZ3IoJ:scholar.google.com/ - Google Scholar[/url] [/QUOTE]
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2013 Proxy Proposal 4 - Reduction of Voting Power of Class A Shares
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