Chamath Palihapitiya Quotes

We invited HP executives to participate in the management and in the board. HCL had this concept of corporate officers since inception in 1999. We had a remuneration committee. Now everyone is talking about nomination and remuneration committee. We had this from 1999.

I don't want to take a company public and not have it do extremely well and fail the public shareholder.

I really believe that all CEO pay should be voted on by shareholders ahead of time. Mine was.

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.

Shareholders have the right and obligation to set the parameters of corporate behavior within which management pursues profit.

I don't think I'd enjoy running a public company. We haven't needed to go to the market to fund expansion.

When I took over the family business, it had already been a publicly traded company for 20 years. During one of the first annual meetings I attended, one shareholder stood up and advised me and everyone in attendance that I should resign.

No one person controls Microsoft. The board and the shareholders decide whether they want to have me as CEO.

Well-managed companies with independent boards have nothing to fear from activist shareholders.

The days of CEOs getting rich while shareholders lose has got to end. Management must be accountable.

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

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

Not only is self-regulation largely a fantasy, but repeated scandals across multiple industries have proved that companies are fundamentally incapable of self-regulating for the greater good.

The real mechanism for corporate governance is the active involvement of the owners.

I'm a cynic about corporate democracy and boards.

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.

Only the corporation that shirks from the light would have anything to fear from government. About the welfare of such corporations we need not be over-sensitive.

I wish we could be private with Tesla. It actually makes us less efficient to be a public company.

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.'

Going public is one step in the life cycle of a company; it's not the last step.

One way to promote shareholder engagement and activism is through greater accountability and transparency.

The World Bank is a shareholder-driven organisation, and as in all such organisations, the majority of shareholders would want a manager of their liking at the top.

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.

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.

Most of the big banks were shot through with short-termism, deceptive practices and self-dealing. We must institute basic changes in corporate governance and in management practice to restore responsibility and honesty for the sake of the economy and for the self-respect of the country.