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Alain Minc: "Worse than the Insoumis, shareholder leftism from Wall Street!"

2023-05-30T18:23:32.544Z

Highlights: The saga of general assemblies of companies makes us believe in a confrontation of the first magnitude between ecologists and capitalists. These are just skirmishes in an eruptive French society, familiar with such psychodramas. On the other hand, there is an insidious shareholder leftism born paradoxically of the mechanical transposition of American mores. It practices a doxa, conveyed by voting advisory firms, adopted by Anglo-Saxon fund managers, psittacinously repeated by their European alter egos. And if one day shareholders reject a remarkable CEO because he refused to comply with this...


TRIBUNE - A hundred climate activists came to disrupt the general assembly of TotalEnergies held on June 26 in Paris. The former political advisor and essayist sees only banal skirmishes in an eruptive French society and warns the...


Prisoners of their prejudices, the Unsubmissive have not yet understood that they have found exceptional allies on the side of Wall Street. The saga of general assemblies of companies makes us believe in a confrontation of the first magnitude between ecologists and capitalists. These are just skirmishes in an eruptive French society, familiar with such psychodramas. On the other hand, there is an insidious shareholder leftism born paradoxically of the mechanical transposition of American mores. It practices a doxa, conveyed by voting advisory firms, adopted by Anglo-Saxon fund managers, psittacinously repeated by their European alter egos.

First rule: the separation of the functions of chairman and chief executive officer. Regardless of the circumstances, transitions, traditions of each company, there is no place for empiricism. And if one day shareholders reject a remarkable CEO because he refused to comply with this...

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Source: lefigaro

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