Apple vs Shareholders

Apple is basically single-handedly ran by Steve Jobs, he oversees every single developments Apple had made, kind of like an Absolute Monarch having the final say on everything the company decides on and now that his actual health status is still in the shadow, the Institutional Shareholders Services (ISS) demands Apple to give out their succession plans. Knowing Apple’s stand on transparency, the board of directors are highly against it and against voting someone from the board to replace Jobs.

 

Source: Sydney Morning Herald

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