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December 07, 2013

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Jason

Fantastic post!

Jason Morris

Interesting. But let me play devil's advocate:

That shareholder benefit is not the law does not change the fact that shareholder benefit is the basis on which board appointments will be made, does it?

How, apart from keeping the company private, or closely controlled, do you keep something other than shareholder benefit top of mind in the board room?

And if those are the options, isn't the problem the fact that the shareholders get to choose the directors? Isn't the solution investment without control?

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