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Brown Cafe UPS Forum
UPS Union Issues
The UPS Strike, 20 Years Later
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<blockquote data-quote="Catatonic" data-source="post: 3274664" data-attributes="member: 7966"><p>What is your logic for this assertion?</p><p>The BOD makes decisions based on a fiduciary responsibility to the shareholders.</p><p>The question to me is whether the BOD looks out for the ROI in the short-term or the long-term.</p><p>50% of UPS 'voting' shares are controlled by the UPS Management Committee and ex-UPSers ... not the Board.</p><p>If UPS breaks the Union, UPS will most likely fall off the S&P 500 Index in the short-term.</p><p>My guess is that you are correct ... UPS Management Committee members and the BOD for that matter don't have the balls or the appetite to look 10 years down the road.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 3274664, member: 7966"] What is your logic for this assertion? The BOD makes decisions based on a fiduciary responsibility to the shareholders. The question to me is whether the BOD looks out for the ROI in the short-term or the long-term. 50% of UPS 'voting' shares are controlled by the UPS Management Committee and ex-UPSers ... not the Board. If UPS breaks the Union, UPS will most likely fall off the S&P 500 Index in the short-term. My guess is that you are correct ... UPS Management Committee members and the BOD for that matter don't have the balls or the appetite to look 10 years down the road. [/QUOTE]
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