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Re: [sharechat] Air New Zealand-a comparison


From: Mat T <matty_t_001@yahoo.com>
Date: Mon, 1 Oct 2001 17:40:42 -0700 (PDT)


Hmmm,
Maybe. But don't you think that management are
sharholders themselves, and that any improvement to
shareholder value will ultimatley reward management as
well as Joe ?
--- "noel.parker" <noel.parker@xtra.co.nz> wrote:
> Yes, Ben.  It's a case of greed and self-interest
> above the interests of the company and the
> shareholders.  Unfortunately, this is not uncommon
> in New Zealand companies at present.  As a
> shareholder ( rightly or wrongly) once observed in
> respect of Brierley, " the company is being run for
> the benefit of the management, rather than for the
> benefit of the shareholders".
> 


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