On Tue, 2005-12-20 at 09:32 +0200, Alon Altman wrote:
> On Tue, 20 Dec 2005, Omer Zak wrote:
> > We also have to ensure that Hamakor's official positions are made
> > unattractive to power-hungry politicians. This means, for example, that
> > the Hamakor board should think twice before accepting the share in the
> > Vaya Research Institute. It is OK and necessary that people, who
> > volunteered to serve in Hamakor's board and other positions, are
> > rewarded AFTER they finish their terms in those positions. But as long
> > as they are holding those positions, they should not have incentives to
> > continue clinging to them.
>
> The shares in Vaya were awarded to Hamakor, not to the board members.
> These shares do not have a monetary value and are only symbolic.
It does not matter. Once Hamakor has those shares, the Hamakor Board
has some tiny power over another organization, and this tiny power has
the consequence of adding to the attraction in the eyes of power-hungry
people.
If Hamakor's goals can be furthered by share-based control over Vaya
Research Institution, then this may be worth the above risk. But I do
not see where those shares can further the goals of Hamakor. Anything
Hamakor needs to further its goals can be nicely asked of the major
stakeholders of Vaya Research Institution.
--- Omer
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