NEW YORK (Fortune) -- ExxonMobil's stock is up by 35 percent in the last year. The oil giant made $39.5 billion in profits in 2006, tops in the Fortune 500. But don't expect a roomful of smiling faces at Exxon's annual shareholder meeting tomorrow.
Instead, Greenpeace, gay-rights groups, critics of bloated CEO pay, religious shareholders and some of the nation's biggest public pension funds will assail the company for its lack of responsibility. They've filed a dozen shareholder resolutions on environmental, governance and social issues.
Rarely has there been such a stark disconnect between a company's outstanding financial performance and its not-so-stellar reputation as a corporate citizen.
....that pretty well sums up the current sentiment........
Sentiment in a Nutshell
Started by
wyocowboy
, May 29 2007 05:39 AM
1 reply to this topic
#1
wyocowboy
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Posted 29 May 2007 - 05:39 AM
Good luck is with the man who doesn't include it in his plan.
- Graffitti
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#2
arbman
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Posted 29 May 2007 - 05:56 AM
What about Wal Mart only a few years ago? What about Microsoft at the highs of the bubble? Every company that manages to become a corporate monopoly and a cash cow in their sector gets pretty much targeted as the icon of their industry due to their leadership in the wrong doing --if any-- and naturally a source of income for the involved lawyers...
