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Tags: jamie dimon | shareholder | meetings | farce

Jamie Dimon: Shareholder Meetings Have Become 'a Farce'

Business People Conference Meeting Boardroom Working Conversation Concept
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Tuesday, 02 October 2018 04:07 PM

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the number of U.S. publicly traded companies is dwindling in part because of excessive litigation and “frivolous shareholder meetings.”

“I love my shareholders. I speak to them in various forms all the time,” Dimon said Tuesday at the American Enterprise Institute in Washington. “But the shareholder meeting has become a farce. That’s what it is, we all know that.”

Many companies are averse to initial public offerings also because of regulations that accompany a share sale, Dimon said.

© Copyright 2022 Bloomberg News. All rights reserved.


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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the number of U.S. publicly traded companies is dwindling in part because of excessive litigation and "frivolous shareholder meetings.
jamie dimon, shareholder, meetings, farce
88
2018-07-02
Tuesday, 02 October 2018 04:07 PM
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