Ashok Soota Quotes

Companies that are publicly held have a fiduciary duty to their shareholders to try to maximize their profits within ethical reasons.

I often say that shareholders should feel very responsible for how responsive corporations are to the public trust.

I believe good corporate governance is critical in enhancing competitiveness and creating industry - leading profitable growth and superior returns for every stakeholder of the institution.

Every public company depends to some extent on the trust of its investors.

Shareholder meetings are not usually the occasion for utter candor - or for that matter, arch sarcasm - by chief executives.

I think good companies can navigate being public and doing the right things for their customers.

The good parts about being a public company are increased discipline, increased execution and increased transparency to make sure that you are really building a company for a hundred years.

If you're going to run a public company, be absolutely certain of what the parameters are, what the clarity is, that you can explain it to yourselves and explain it externally.

The question is, do corporate executives, provided they stay within the law, have responsibilities in their business activities other than to make as much money for their stockholders as possible? And my answer to that is, no they do not.

The time is coming when all businesses will have to be done with glass pockets.

Excessive pandering to stockholders is as bad as any other form of pandering

As a pro-business Democrat, I understand the obligations of publicly traded companies to maximize returns to shareholders.

We follow highest level of corporate governance, which is in line with a global company like ours.

Our laws demand that a corporation have a fiduciary responsibility with shareholders to maximize profits. They are legally required to make as much money as possible, any way possible within 'the law.'

Every manager feels a responsibility to his board of directors and the public and the players.

Doing good business - being ethical, being transparent, being caring, implementing values in your business - makes a difference, and you make money at the same time.

I have always felt that public, commercial and community organisations should be as open as possible about their affairs. They need to be accountable to their owners, their customers, their members and communities and other interest groups.

You don't want another Enron? Here's your law: If a company, can't explain, in one sentence, what it does... it's illegal.

In America, we no longer have an institutionalized, organized way of calling business to task - of taking them to account for what they've done - and this is especially true in the cultural realm.

It is always important that we have transparency, that we have shareholder protection. Then again, I think it is important that there are not so many regulations that management can't make a decision without asking a lawyer whether he can do it.

The best discussion of trouble in boardroom and business office is found in newspapers' own financial pages and speeches by journalists in management jobs.

We're all shareholders. These guys below me, they see the CEO taking it easy, it's their money.

You have more independent eyes scrutinizing the decision-making and financial statements of companies.

The more moral the people are in their business dealings, the less paperwork you need, the more handshakes you can have, the more the wheels of capitalism work better because there's trust in the marketplace. Business ethics is not a joke. And, in fact, I think most businesses that I've dealt with encourage exactly that type of behavior.

Respect public investors and treat them as partners and important constituents.