corporate governance: everyone on the record — The Minutes https://minutesof.com/on/corporate-governance/ Everyone on the record about corporate governance: 8 verbatim quotes from 2 people, September 2023 to October 2025, in one chronology, each with a… en Sun, 30 Aug 2026 22:32:53 +0000 Paul Atkins: Atkins says market reaction disciplines corporate governance through higher capital costs and low https://minutesof.com/q/de07b618-fb96-4d25-93bb-0c1febeca9aa/ https://minutesof.com/q/de07b618-fb96-4d25-93bb-0c1febeca9aa/ “Companies with subpar governance structures face a higher cost of capital and a lower stock price.” — Paul Atkins, SEC speeches and statements corporate governance Paul Atkins: Atkins rejects stakeholder governance, arguing accountability to everyone means accountability to https://minutesof.com/q/201ee8f2-5176-488f-95fc-3c0d3bcba577/ https://minutesof.com/q/201ee8f2-5176-488f-95fc-3c0d3bcba577/ “However, if the board is accountable to “everyone,” then it is effectively accountable to no one.” — Paul Atkins, SEC speeches and statements corporate governance Paul Atkins: Atkins defines shareholder democracy as voluntary and proportionate to capital at risk, not equal https://minutesof.com/q/17456051-b6f1-4f98-8ff0-7078c3cec7ea/ https://minutesof.com/q/17456051-b6f1-4f98-8ff0-7078c3cec7ea/ “In contrast, shareholder democracy is voluntary and proportionate to risk: influence corresponds to the amount of capital that an investor puts at stake.” — Paul Atkins, SEC speeches and statements corporate governance Paul Atkins: Atkins contrasts oikonomia (household management) with politika (city-state governance) as fundam https://minutesof.com/q/6c080353-5efd-4211-b6e2-533c700afd89/ https://minutesof.com/q/6c080353-5efd-4211-b6e2-533c700afd89/ “This was distinguishable from politika —the governance of the polis , the city-state. Different rules, different purposes, different forms of accountability.” — Paul Atkins, SEC speeches and statements corporate governance Bill Gurley: Gurley says boards and CFOs feel competitive pressure to engage in questionable AI transactions. https://minutesof.com/q/2566df32-2ab3-41ff-a71b-80191739e049/ https://minutesof.com/q/2566df32-2ab3-41ff-a71b-80191739e049/ “So I think there are many boards and many CFOs who have been put in a position where they say, well, if we don't do it, everyone else is doing it, you might fall behind.” — Bill Gurley, Bg2 Pod Tue, 14 Oct 2025 23:56:17 +0000 corporate governance Bill Gurley: Gurley notes ISS and Glass Lewis are now over 80% owned outside the United States. https://minutesof.com/q/2d96df4e-cd56-41dd-8a7b-5e18fa7beaa1/ https://minutesof.com/q/2d96df4e-cd56-41dd-8a7b-5e18fa7beaa1/ “The senator that you're talking about said on on on when he was giving this talk that that these two companies are now both over 80% owned outside The US.” — Bill Gurley, BG2 Pod Thu, 05 Jun 2025 23:20:47 +0000 corporate governance Bill Gurley: Gurley warns highest-profile companies face greatest risk from activist Delaware judges, not smal https://minutesof.com/q/f01bd721-46a0-47c8-8185-fd2f2e5689b3/ https://minutesof.com/q/f01bd721-46a0-47c8-8185-fd2f2e5689b3/ “I think it's actually the highest profile companies that are at risk because they're the ones that, you know, an activist judge is gonna wanna make a a exception out of.” — Bill Gurley, BG2 Pod Thu, 05 Jun 2025 23:20:47 +0000 corporate governance Bill Gurley: Gurley argues management treats stock-based compensation as if it's free, unlike cash expenditure https://minutesof.com/q/a1bca6c2-2983-49f4-a0c7-1cf1e734186f/ https://minutesof.com/q/a1bca6c2-2983-49f4-a0c7-1cf1e734186f/ “I personally think management is a lot more, thoughtful about cash expenditures, and I think they think about this SBC as if it's free almost.” — Bill Gurley, CNBC Television Mon, 11 Sep 2023 16:11:42 +0000 corporate governance