A corporation's responsibility is to the shareholders, not its retirees and employees. Companies are doing everything they can to get rid of pension plans and they will succeed.
Related quotes
He or she must be successful in economic terms, but always within an ethical framework. Whether his or her constituency is a corporation and its shareholders or the customers in a small and privately held business, his or her first responsibility is to serve that constituency.
quote by Lee R. Raymond
Submitted by Lucian Velea
Vote! | Copy!
What I am saying is, all health care has a problem with costs. Medicare is growing slower than the private insurance plans. Why? Because of their efficiency. They don't have to give money to shareholders. Why should be defending shareholders?
quote by Anthony Weiner
Submitted by Lucian Velea
Vote! | Copy!
It's very likely that graduates, current employees and retirees have some wonderful pieces of Deer Park history in their closets or garages.
quote by Matt Lucas
Submitted by Lucian Velea
Vote! | Copy!
We will also allow state companies to sell shares to their workers and will pass a law allowing citizens to start companies of their own with no limits on the number of employees or on the firm's output.
quote by Vaclav Klaus
Submitted by Lucian Velea
Vote! | Copy!
I hope that the institution will succeed in maximizing students' potential in the same way. I will give all of my stock to this institution. It will own the Bose Corporation and be funded by the Bose Corporation.
In a couple of years, the Chinese will be seen as regular participants in international industry. Their companies have to report to shareholders as well as to the Chinese authorities. They need to make money, they have to be efficient.
quote by Daniel Yergin
Submitted by Lucian Velea
Vote! | Copy!
We cannot continue. Our pension costs and health care costs for our employees are going to bankrupt this city.
quote by Michael Bloomberg
Submitted by Lucian Velea
Vote! | Copy!
The President's proposed privatization plan would jeopardize that security by cutting guaranteed benefits for future retirees and endangering the benefits of current retirees, people with disabilities, and children who have lost a parent.
quote by Chaka Fattah
Submitted by Lucian Velea
Vote! | Copy!
Under the AHP approach, the average small business might be able to offer their employees one or two insurance plans, and that employee of the small business would have no idea whether their doctor was going to be a apart of one of those plans.
quote by Jim Cooper
Submitted by Lucian Velea
Vote! | Copy!
Today there are about 40 million retirees receiving benefits; by the time all the baby boomers have retired, there will be more than 72 million retirees drawing Social Security benefits.
Responsibility In The Workforce
What is the work ethic
of Japanese
white-collar employees?
there are three
important components
to the work ethic
loyalty to company
a commitment to quality
peer group bonding
What do the Japanese
feel about their co-workers
and their company?
the Japanese feel
great responsibility
toward company
and co-workers
What moral attitude
are Japanese
employees taught?
Japanese employees
are taught a moral
to work in groups
to think of themselves
as part of a family
What is the Japanese
attitude to failure
in the workforce?
the white-collar executive
is extremely diligent
knowing that failure
or any errors affects
other fellow employees
What is the Japanese
attitude to sharing
profit in the workforce?
all rewards
are group oriented
which places
greater responsibility
on individual
performance.
What is the foundation
of modern business
relationships in Japan?
to develop to maintain
long-term relationships
within one's peer group
is the company goal
this system creates
social professional
networks representing
spiritual foundation in
business relationships
What is the Japanese
attitude to quality
in the workforce?
a Japanese commitment
to quality has rightfully
earned Japanese products
an esteemed reputation
How do Japanese workers
support the continued success
of the company they work for?
Japanese employees put
their best efforts into the
success of their company
Japanese employees give
a wholehearted allegiance
to employer and company
company family are inseparable
within harmony of group society
What is the future of Japanese technology?
All systems are on line and operational.
poem by Terence George Craddock
Submitted by Poetry Lover
Vote! | Copy!
Our people, our shareholders, me, Bill Gates, we expect to change the world in every way, to succeed wildly at everything we touch, to have the broadest impact of any company in the world.
quote by Steve Ballmer
Submitted by Lucian Velea
Vote! | Copy!
If you want to succeed
If you want to succeed, go to college and get a degree.
Study hard and make good grades, that is the key.
Nothing spells success like a good education.
You can be a doctor or President of a corporation.
If you want to be a success, an education is what you'll need.
A person who is educated will be far more likely to succeed.
poem by Randy Johnson
Submitted by Poetry Lover
Vote! | Copy!
Corporation: An ingenious device for obtaining profit without individual responsibility.
quote by Ambrose Bierce
Submitted by Lucian Velea
Vote! | Copy!
Shareholder activism is not a privilege - it is a right and a responsibility. When we invest in a company, we own part of that company and we are partly responsible for how that company progresses. If we believe there is something going wrong with the company, then we, as shareholders, must become active and vocal.
quote by Mark Mobius
Submitted by Lucian Velea
Vote! | Copy!
Groups are corporations now. They have pension plans. Musicians have saw the daylight.
quote by John Lee Hooker
Submitted by Lucian Velea
Vote! | Copy!
But if I were to sum up who Barack Obama is and how he plans to meet this moment with one word, that word would be 'responsibility.' Responsibility to each other, our families, our communities, our country, and our world.
quote by Valerie Jarrett
Submitted by Lucian Velea
Vote! | Copy!
Employer contribution pension plans have become increasingly popular throughout the past two decades.
People don't place their trust in government or company pension plans; they have to be self-reliant.
quote by Scott Cook
Submitted by Lucian Velea
Vote! | Copy!
Insurance Coverage to Indians
Insurance Companies assure coverage
to those who die early
and those who live long.
Among the greying population in India,
the number of centenarians
rockets more than in China
as the Indians have a long life span.
This is nerve-wracking
for the Insurance Companies
which have sold annuity plans
to individuals, who must be paid
a lump-sum once a year till they survive.
poem by Rajendran Muthiah
Submitted by Poetry Lover
Vote! | Copy!