PSA 0.00% 2.1¢ petsec energy limited

to omr or jocam9 (or others), page-10

  1. 6,389 Posts.
    re: atomep Gee I guess that some people have to everything spelled out in detail before they understand.

    The last time I looked, the shareholders were the owners of the company.

    The management and BOD are supposed to work for the owners of the company (the shareholders).

    The management and BOD get a salary and other funds from the company for the work they do for the company.

    The shareholders elect the BOD and the BOD are supposed to carry out their fiduciary responsibilities to the shareholders by overseeing the management of the company.

    Therefore the BOD and management get funds from the shareholders.

    And in PSA's case they get some very good renumeration for the size of the company. Too much IMO.
 
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