silvi-kucedra
Regular Member
- Jul 1, 2012
- 201
- 283
They might be the execs, but what are the demographics of the board members? That would be interesting, are they diverse in culture & gender?
Ofc not, the distribution among those skews heavily for American citizens (born or otherwise), male, white, in that order. The reason is simple: these guys have the REAL power and call the shots, NOT Indian executives in charge of the company. Don't get me wrong, the execs still do an amazing hard job as it's not easy running a multi-billion $ company.
But the numbers don't lie. Execs usually have less than 1/10th of shares and 1 seat top, while investors have majority shares and most importantly majority seats. The exceptions are corps where 1 of the original founders is still CEO, in which case he may have a lot more power in the board. But even in these cases, most of them are still American.