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	<title>Comments on: Pehaps Hong Kong&#8217;s tycoons don&#8217;t always get their way after all</title>
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	<link>http://www.goodhonestdollar.com/pehaps-hong-kongs-tycoons-dont-always-get-their-way-after-all</link>
	<description>Discussion about ethical issues relating to business</description>
	<lastBuildDate>Wed, 31 Aug 2011 15:10:53 +0000</lastBuildDate>
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		<title>By: Andrew</title>
		<link>http://www.goodhonestdollar.com/pehaps-hong-kongs-tycoons-dont-always-get-their-way-after-all#comment-4641</link>
		<dc:creator>Andrew</dc:creator>
		<pubDate>Thu, 14 May 2009 00:08:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.goodhonestdollar.com/?p=558#comment-4641</guid>
		<description>Hi Gennaro,

I have no doubt that with the current economic developments, along with the current undercurrent of distrust of senior management would be a factor on what seems to be an increase in terms of scrutiny of corporate governance standards.

I have no doubt that this case individually was judged on it&#039;s own merits according to Hong Kong law, but I have no doubt that the current environment will be a factor in terms of greater scrutiny from regulatory authorities.

&lt;abbr&gt;&lt;em&gt;Andrews last blog post..&lt;a href=&quot;http://www.goodhonestdollar.com/animal-testing-a-positive-eu-proposal-to-eliminate-unnecessary-suffering&quot; rel=&quot;nofollow&quot;&gt;Animal testing - a positive EU proposal to eliminate unnecessary suffering&lt;/a&gt;&lt;/abbr&gt;&lt;/em&gt;</description>
		<content:encoded><![CDATA[<p>Hi Gennaro,</p>
<p>I have no doubt that with the current economic developments, along with the current undercurrent of distrust of senior management would be a factor on what seems to be an increase in terms of scrutiny of corporate governance standards.</p>
<p>I have no doubt that this case individually was judged on it&#8217;s own merits according to Hong Kong law, but I have no doubt that the current environment will be a factor in terms of greater scrutiny from regulatory authorities.</p>
<p><abbr><em>Andrews last blog post..<a href="http://www.goodhonestdollar.com/animal-testing-a-positive-eu-proposal-to-eliminate-unnecessary-suffering" rel="nofollow">Animal testing &#8211; a positive EU proposal to eliminate unnecessary suffering</a></em></abbr></p>
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		<title>By: Gennaro</title>
		<link>http://www.goodhonestdollar.com/pehaps-hong-kongs-tycoons-dont-always-get-their-way-after-all#comment-4604</link>
		<dc:creator>Gennaro</dc:creator>
		<pubDate>Mon, 11 May 2009 19:26:57 +0000</pubDate>
		<guid isPermaLink="false">http://www.goodhonestdollar.com/?p=558#comment-4604</guid>
		<description>I wonder how much of this shake up is tied to the current problems with the global economy. It&#039;s seems as though a lot of the tradtional economic powers are being examined across the globe.

&lt;abbr&gt;&lt;em&gt;Gennaros last blog post..&lt;a href=&quot;http://feedproxy.google.com/~r/EnduringWanderlust/~3/TAamukLeSA4/&quot; rel=&quot;nofollow&quot;&gt;Pushkar Ghats Through The Lens&lt;/a&gt;&lt;/abbr&gt;&lt;/em&gt;</description>
		<content:encoded><![CDATA[<p>I wonder how much of this shake up is tied to the current problems with the global economy. It&#8217;s seems as though a lot of the tradtional economic powers are being examined across the globe.</p>
<p><abbr><em>Gennaros last blog post..<a href="http://feedproxy.google.com/~r/EnduringWanderlust/~3/TAamukLeSA4/" rel="nofollow">Pushkar Ghats Through The Lens</a></em></abbr></p>
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		<title>By: Andrew</title>
		<link>http://www.goodhonestdollar.com/pehaps-hong-kongs-tycoons-dont-always-get-their-way-after-all#comment-4566</link>
		<dc:creator>Andrew</dc:creator>
		<pubDate>Fri, 08 May 2009 22:50:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.goodhonestdollar.com/?p=558#comment-4566</guid>
		<description>Fred,

Ha ha! nice comment.

I can&#039;t help feeling that sometimes people get so caught up in cheating the system that they miss opportunities for better results by simply working within the system in a sensible fashion.

Whilst I am not exactly certain about the precise monetary value of these parcels of shares which Mr. Li donated, I am fairly certain that it was quite small, and not overly significant in the context of either Mr. Li&#039;s overall shareholding or the overall value of PCCW.

It is somewhat interesting that Mr. Li thought it to be cheaper to effectively &#039;buy&#039; votes rather than putting a fair offer on the table. Obviously, if Mr. Li thought there was a need to buy votes, then that says something about the value of the deal and Mr. Li&#039;s lack of conviction that it represented a fair offer to small shareholders.

&lt;abbr&gt;&lt;em&gt;Andrews last blog post..&lt;a href=&quot;http://www.goodhonestdollar.com/pehaps-hong-kongs-tycoons-dont-always-get-their-way-after-all&quot; rel=&quot;nofollow&quot;&gt;Pehaps Hong Kong’s tycoons don’t always get their way after all&lt;/a&gt;&lt;/abbr&gt;&lt;/em&gt;</description>
		<content:encoded><![CDATA[<p>Fred,</p>
<p>Ha ha! nice comment.</p>
<p>I can&#8217;t help feeling that sometimes people get so caught up in cheating the system that they miss opportunities for better results by simply working within the system in a sensible fashion.</p>
<p>Whilst I am not exactly certain about the precise monetary value of these parcels of shares which Mr. Li donated, I am fairly certain that it was quite small, and not overly significant in the context of either Mr. Li&#8217;s overall shareholding or the overall value of PCCW.</p>
<p>It is somewhat interesting that Mr. Li thought it to be cheaper to effectively &#8216;buy&#8217; votes rather than putting a fair offer on the table. Obviously, if Mr. Li thought there was a need to buy votes, then that says something about the value of the deal and Mr. Li&#8217;s lack of conviction that it represented a fair offer to small shareholders.</p>
<p><abbr><em>Andrews last blog post..<a href="http://www.goodhonestdollar.com/pehaps-hong-kongs-tycoons-dont-always-get-their-way-after-all" rel="nofollow">Pehaps Hong Kong’s tycoons don’t always get their way after all</a></em></abbr></p>
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		<title>By: Fred H Schlegel</title>
		<link>http://www.goodhonestdollar.com/pehaps-hong-kongs-tycoons-dont-always-get-their-way-after-all#comment-4558</link>
		<dc:creator>Fred H Schlegel</dc:creator>
		<pubDate>Fri, 08 May 2009 13:20:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.goodhonestdollar.com/?p=558#comment-4558</guid>
		<description>Great analysis Andrew.  Small shareholders always seem to be at a disadvantage in these sorts of things and it&#039;s nice to see the Hong Kong court looking out for them. What&#039;s really interesting to me is that the owners thought it would be cheeper to give away a lot of their shares rather than putting a &#039;reasonable&#039; offer on the table that would have turned the opinion of the shareholders.  Another example of folks being more interested in gaming the system rather than making a &#039;good honest dollar?&#039;

&lt;abbr&gt;&lt;em&gt;Fred H Schlegels last blog post..&lt;a href=&quot;http://frogblog.biz/2009/05/07/community-creativity-lets-put-on-a-show/&quot; rel=&quot;nofollow&quot;&gt;Community Creativity: “Let’s Put On A Show”&lt;/a&gt;&lt;/abbr&gt;&lt;/em&gt;</description>
		<content:encoded><![CDATA[<p>Great analysis Andrew.  Small shareholders always seem to be at a disadvantage in these sorts of things and it&#8217;s nice to see the Hong Kong court looking out for them. What&#8217;s really interesting to me is that the owners thought it would be cheeper to give away a lot of their shares rather than putting a &#8216;reasonable&#8217; offer on the table that would have turned the opinion of the shareholders.  Another example of folks being more interested in gaming the system rather than making a &#8216;good honest dollar?&#8217;</p>
<p><abbr><em>Fred H Schlegels last blog post..<a href="http://frogblog.biz/2009/05/07/community-creativity-lets-put-on-a-show/" rel="nofollow">Community Creativity: “Let’s Put On A Show”</a></em></abbr></p>
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		<title>By: Satelec Phone &#124; Pehaps Hong Kong&#8217;s tycoons don&#8217;t always get their way after all</title>
		<link>http://www.goodhonestdollar.com/pehaps-hong-kongs-tycoons-dont-always-get-their-way-after-all#comment-4556</link>
		<dc:creator>Satelec Phone &#124; Pehaps Hong Kong&#8217;s tycoons don&#8217;t always get their way after all</dc:creator>
		<pubDate>Fri, 08 May 2009 10:42:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.goodhonestdollar.com/?p=558#comment-4556</guid>
		<description>[...] original here:  Pehaps Hong Kong&#8217;s tycoons don&#8217;t always get their way after all         Thank you for reading this post. You can now Leave A Comment (0) or Leave A [...]</description>
		<content:encoded><![CDATA[<p>[...] original here:  Pehaps Hong Kong&#8217;s tycoons don&#8217;t always get their way after all         Thank you for reading this post. You can now Leave A Comment (0) or Leave A [...]</p>
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