The Making of Stockholder Wealth
Article Abstract:
J.B. Fuqua, CEO of Fuqua Industries, Inc., presents his views on the importance of stockholder wealth. He believes that top management should be more concerned with increasing the value of the stockholder's interest. This factor is the key ingredient of the free enterprise system. Increasing the size of a company does not necessarily strengthen it. There is a time to buy and to sell conglomerates. Many acquisitions cannot be economically justified. Of greater importance to a company's overall picture is the identification of those businesses producing a low rate of return. Stock options are of greater benefit to employees.
Publication Name: Directors & Boards
Subject: Law
ISSN: 0364-9156
Year: 1984
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Getting the Board Behind the Value Building Effort
Article Abstract:
A fascinating evolution has occurred during the last forty years in the management field. There has been an upgrading of numerous business processes. These include selling, manufacturing, statistics, personnel, and public relations. Similar important changes have been recorded in the make- up of the board of directors. Board activity is structured around the importance of performance review. Maximization of shareholder values can be greatly enhanced by several methods. Publicizing successful management stories can accomplish much.
Publication Name: Directors & Boards
Subject: Law
ISSN: 0364-9156
Year: 1984
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The Director as a Cultivator of Management
Article Abstract:
The directors of a corporation have a primary responsibility to represent the shareholders. There are three key aspects of the director's role. He must represent the shareholders' interests, make a contribution to the company, and establish his professional independence. Good judgment is required in selecting and retaining corporate directors. Conflicts of interest must be avoided by the ethical director.
Publication Name: Directors & Boards
Subject: Law
ISSN: 0364-9156
Year: 1984
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