35 Quotes by Charles Elson

It's a novel idea. Where it's unique is that if directors don't meet internally based targets, they get nothing.

It's going to be fun to watch. But the real story took place long ago.

The board has to decide whether to sell. Thirty-five percent is a pretty big number. They have to decide if that's the right course or they may have a shareholder revolt.

It's an excellent proposal. A lot of companies have such agreements informally, particularly for directors.

Any time you separate economic interest from voting interests, it leads to all kinds of problems. It lessens the accountability. I haven't heard of any good reason for dual-class stock. I think the proposal will strike a chord with a lot of people.

The issue is on everyone's radar screen now. If you disregard the shareholder vote, you run the risk of a proxy battle.

Because of a greater focus on governance, the resignation of a director certainly has a greater weight attached to it. Boards have greater power. In the past, directors just faded into the sunset.

The key is not just to have the role, but what you do with it once you have it.