Your investments and the economy.(Business)

0 Comments | Daily Herald (Arlington Heights, IL), March, 2004 | by Comerford, Mike

Byline: Mike Comerford Daily Herald Business Writer Is the boardroom battle at Disney indicative of growing shareholder power? "I think it is. I think it's a good thing. I think it's healthy for markets and corporations. I think if management has been around too long, they do become complacent.

We're going through a cleansing process with analysts, corporate executives and with accounting and corporate responsibility. It's forcing executives to toe the line." What does it mean that much of the business news last week was played out in court rooms? "This goes along with what I just said. I think investors are happy to see that regulatory authorities are overseeing the functioning of the financial markets. ...If anything, investors are more confident...