Home Breadcrumb caret Industry News Breadcrumb caret Industry Tug of war between shareholders and executives U.S. corporations are sitting on mountains of cash. The checks and balances that keep company executives and shareholders from steamrolling each other are key to ensuring it’s properly managed, John Gapper of the Financial Times argues. By Staff | March 21, 2013 | Last updated on March 21, 2013 1 min read U.S. corporations are sitting on mountains of cash. The checks and balances that keep company executives and shareholders from steamrolling each other are key to ensuring it’s properly managed, John Gapper of the Financial Times argues. “[N]either side can be trusted, any more than the public could be trusted if someone placed an enormous pile of cash in the middle of the street as people walked by. They are there to watch each other, and to raise the alarm if the other makes off with it,” he says. Read more here. Also read: 3 tools for shareholder activism Apple shareholders want more of the pie How a shareholder agreement works Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo