Comments on: Whither shareholder activism? http://blogs.reuters.com/india/2008/07/15/whither-shareholder-activism/ Perspectives on South Asian politics Thu, 02 Jun 2016 08:03:22 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: hitesh http://blogs.reuters.com/india/2008/07/15/whither-shareholder-activism/comment-page-1/#comment-662 Wed, 23 Jul 2008 04:09:56 +0000 http://blogs.reuters.com/india/2008/07/15/whither-shareholder-activism/#comment-662 the article really shows the “lack of utility” of these shareholdes meetings and unawareness of the shareholders at large of their powers.

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By: mesa merchant http://blogs.reuters.com/india/2008/07/15/whither-shareholder-activism/comment-page-1/#comment-638 Sun, 20 Jul 2008 14:15:25 +0000 http://blogs.reuters.com/india/2008/07/15/whither-shareholder-activism/#comment-638 Let Ambanis, Tatas, and Birlas go away. Even the Registrars to the public issues take a long time to answer the queries.
The need of the hour is to form a share holders associations for each company. Only the select five members should attend the AGM and discuss the various shareholders issues.
Attending AGM in hordes is just a tamasha used by the board of directors to show their image in press and public.

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By: venkat http://blogs.reuters.com/india/2008/07/15/whither-shareholder-activism/comment-page-1/#comment-632 Sat, 19 Jul 2008 15:44:18 +0000 http://blogs.reuters.com/india/2008/07/15/whither-shareholder-activism/#comment-632 dictatorial approach, of Elder ambani..Dhirubhai is better in so many ways.. The younger lot of ambanis are busy in fighting among themseleves…

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By: Eclectic Investor http://blogs.reuters.com/india/2008/07/15/whither-shareholder-activism/comment-page-1/#comment-622 Fri, 18 Jul 2008 13:28:42 +0000 http://blogs.reuters.com/india/2008/07/15/whither-shareholder-activism/#comment-622 This is the cheap Gujarati culture perpetrated by the Amabanis and other such companies, where the CEO is venerated as a God.

Recently, a shareholder questioned Mukesh Ambani about his $1 billion home, funded by Reliance, and his gifting his wife a corporate jet.

Amid jeers from other shareholders, who heckled this person, Mukesh told him: If you do not like the company, sell the shares.

Frankly, this Gujarati culture is endemic in the entire state. Although waning, as younger and more savvy investors and traders enter the markets, we will see this culture die.

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