Same as it ever was: It's not a surprise, but shareholders at News Corp. (NWS, NWSA) rejected an...


Same as it ever was: It's not a surprise, but shareholders at News Corp. (NWS, NWSA) rejected an investor proposal to split the duties of the CEO and Chairman. Also up in smoke is an effort to replace Rupert Murdoch's slate of directors. All in all a routine affair, except for a probing question from one shareholder on why the cost of the phone hacking scandal didn't factor directly into management's bonus calculations.

Comments (1)
  • haruglory12
    , contributor
    Comments (54) | Send Message
     
    Maybe because the stock is up ~ 44% YTD. That is shareholder value.
    16 Oct 2012, 03:30 PM Reply Like
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