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Re: Long2Retire post# 3199

Wednesday, 08/10/2022 3:17:44 PM

Wednesday, August 10, 2022 3:17:44 PM

Post# of 3265
I will be brief:

I believe that in the world of corporate governance and management that when social philosophies, such as "woke theories, goals, and policies) are allowed to into the Board room that the Board of Directors can be distracted from the fiduciary duties they have as entrusted Directors, elected by the shareholders. This may be far worse if the electorate, the shareholders (not just large dominant shareholders), support such distractions from the stated purpose of the company. I believe that this may be treason against the shareholders, by the directors; a breach of their fiduciary duty to the shareholders, and detrimental to the public good. Some have gone so far that the organization becomes a clear and present danger to the nation, or parts of the society.

Example.....Disney. The Board of Directors and executives went off the rails. Have ;you seen how stock market and once upon a time consuming public have reacted?

I believe BTU management is behaving well.
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