Mark Mobius Quotes

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

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.

How much harm does a company have to do before we question its right to exist?

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.

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

A social contract is the way out of this dilemma for corporations that want to lead in the 21st century by showing consumers how seriously they take customer loyalty and goodwill.

The history of business has shown that companies usually only regulate themselves if they're forced to by legislation, or out of self-interest - often in the shape of a marketable message that will help sell more products.

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

I'm a cynic about corporate democracy and boards.

There is a broad movement that has been holding companies accountable on human rights for a long time.

People should be encouraged by things like awards given for corporate governance practices.

If you run a corporation, your job is to maximize the return on investment for your investors. Good for you. But by the same token, we have to remember that corporations have no compassion. That's why legislation and regulations are necessary.

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.

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

I had made a mistake in presuming that the self interests of the organizations of organizations, specifically banks and others, were such that they were best capable of protecting their own shareholders and their equity in the firms.

When Facebook went public, they didn't have a particularly strong model of governance.

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

American business needs more conscience, not less, whether from religious motivation like Hobby Lobby or from secular intentions.

Every technology company should have a red button somewhere in the headquarters where, if they realize they've caused more societal harm than they expected and done more harm than good, they press the button, and the company dissolves instantly.

I'm not singing the virtues of corporations simply 'cause they exist. But by the same token I'm not gonna be like your average liberal and condemn them just because they exist.

I think most corporate executives are good honorable honest men and women who do good work.

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.

Companies and leaders are role models - not just with the business community - but in the broader world.