Corporate governance in America
美国的企业管治
Heating up
逐渐升温
Shareholders are ever more willing to vote againstmanagement
股东永远愿意对管理者投反对票
TWENTY years ago Bob Monks bought an ad in theWall Street Journal declaring members of the boardof Sears, to which he hoped to be elected,non-performing assets.
20年前,鲍勃.蒙克斯在华尔街日报刊登了一则广告,宣称西尔斯百货的董事会成员是不良资产, 在此之前,他渴望被选中的成为其中之一,可惜没有。
Nowadays, shareholder activists just create a website.
现今,股东维权主义者只需创建一个网站即可。
On April 2nd Dan Loeb, a hedge-fundboss, launched valueyahoo.com, which brims with proposals for reviving the struggling webfirm.
4月2号,一个对冲基金的老板丹勒布,建立一个valueyahoo.com网站,公布了各种拯救雅虎这不景气网络公司的方案。
Mr Loeb is trying to get himself elected to Yahoo! s board against the wishes of itsmanagersa fight that could be the highlight of the annual corporate proxy season that isgetting under way.
勒布先生正尝试违背公司管理层的意愿,令自己被选进雅虎的董事会。一场可能成为公司年度股东大会期间的焦点战争正准备打响。
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