Originally Posted by
Paragraph377
Quote of the day! Correct, it’s a ‘public train set.
Not exactly a public train set, more correctly the shareholders' train set.
However, when you have five people holding 51 percent of the stock, well, nothing cobbled together by management is likely to fail to get majority shareholder approval (executive remuneration aside). KHL has routinely thumbed his nose at basic corporate governance principles for publicly listed companies since the get-go, starting with his dual role as Chairman and Chief Executive.