All is lost? Suggestions please.
havanaal
Posts: 155 ✭✭
I am a shareholder of a corp that manages commercial properties. There has been tremendous pressure to make these properties smoke free, but I have always made an impassioned appeal to the Board not to go that route, for a number of reasons. But support is growing for a smoking ban, and I may not be able to stem the tide. So I may find myself in the position of ordering people not to smoke, and devising a system of threats, warnings and fines to enforce company policy. Of course, I could refuse to go along, but that would jeopardize my standing in the company. And I can't just quit in protest and walk away, because I've got too much invested. By the way, for those here who are convinced "political corrrectness" and smoking restrictions are part of a liberal agenda, know that these are lifelong Republicans ramming this through. Any suggestions?
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And exhibit B.
LOL
Edit: That wasn't very constructive. Sorry.
maybe another option i would suggest is writing each of the partners a letter explaining your position about individual rights and how the company's place is to take care of properties not to decide how others should run their business.
since im not to involved im not sure if this is good advice or not. without trying to get political, the republicans and democrats are both guilty of trying to dominate aspects of our lives. they may be very different aspects but any time that anyone tries to impede freedom i will oppose it.
in this situation, it is not the government that is imposing a rule, rather it is a private business. i have a hard time making the argument that it would be "wrong" for you to ban smoking because you and your collective have a right to run the business as you all see fit (providing you dont infringe on the rights of others of course) if you chose to go non-smoking on your own free will for business reasons, i see nothing wrong with that. you run it, you make the rules. if they dont like it, they can do business elsewhere.
however there is a very good argument that there is something wrong with going against your own personal beliefs.
i am sorry to say that i have a hard time seeing an easy way out of this.
i wish i could give you better advice.
It would seem to me as a shareholder you could abstain from voting based on your personal beliefs. If you are successful in not voting then it is unlikly you would be forced into the other issues of ordering people to stop smoking and devising enforcement tecniques. You are not refusing to go along, just removing yourself as a biased prejudiced shareholder. I am assuming your board would want any vote before it on any subject to be a fair impartial vote based on the facts before it and you clearly cannot accomodate them on this matter. This solution should not jeopardize your standing in the company or put your investment at risk but still allow you to maintain your integrity with regards to your duties as a shareholder .
"If you do not read the newspapers you're uninformed. If you do read the newspapers, you're misinformed." -- Mark Twain