No.
Strong bro's to load the trucks,and drive 'em.
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Apart from contradicting the code of conduct and taking earnings from the pockets of shareholders (!), did Heartland also donate to the other parties?
Sucking up to National with a donation bribe presumably to garner favour in obtaining subsequent audience and influence with the government to-be, seems shortsighted should the government change and the alternate party who achieved government would be miffed that Heartland felt that way and shut the door to future discussion.
Doesn't seem to be a very well thought out decision does it. Break the code of conduct, annoy the shareholders, back the wrong party and possibly be caught outside of any government influence.
Sir Geoff is backing the wrong horse.
As a Labour shareholder(well I'm not a Labour fanboy but if I were) how would one go about showing disapproval of this behavior?
My first thought is to turn up at his office with a bag of naughty toys and have at him, ala Joyce.
Attachment 9160
Shareholders have a choice.If they do not like something directors/management do,they can sell their shares.
Couldn't be easier.
Myself,being a non-polictical person,could not care less whether any companies I invest with, make a polictical donation,or to whatever party.I see it as small beer,and most probably done for the best interests of the company.
The directors of Heartland should be careful this is not seen as payment of an indulgence to wash away their sins should the Commerce Commissions case go against them.
Edit:Oops scratch that I was confusing Harmony with Heartland.
Boop boop de do
Marilyn
The Board and management must be able to justify the donation. They need to be asked what the return is on the 'investment'.
Surely this was done with a benefit to the company in mind?
Otherwise it is totally unjustified and a waste shareholders money.
Without accountability where does this end? Are they entitled to give away your money to whatever cause -political or otherwise -that takes their fancy?
Well said. They have a duty of care to shareholders to maximize returns so someone needs to step up to the plate and ask them at the forthcoming annual meeting how this is in the best interests of shareholders ? Forgive me I forget, where is the annual meeting being held this year ? Its no secret the hound enjoys a good debate and is never shy of barking so if I go along I'll bark about it.
On your bike Biker,and head to HBL's next agm and tell the directors.
The Beagle will give support with one of his great howls.
I look forward to watching the show, on the agm web cast.
Should liven up proceedings.
lol.
If Biker is nice and gives the beagle a pat I might promote him to "Beagle status" for the day and then we can howl in unison :lol:
https://www.bing.com/videos/search?q...C6&FORM=VRDGAR
That's what makes the board so valuable, differing methods, viewpoints and opinions. Sad that some seem to move very quickly to deriding anything that differs from their own viewpoint. A more mature and respectful approach is to state ones views and ignore others that one does not agree with, outside of an informed debate, especially avoiding personal derision, thus letting the readers decide for themselves. This thread has at times plumbed the heights of ramping, the lows of downramping and the disappointing depths of personal attacks. Unnecessary really.