But such deals are now starting to raise some shareholder concern.
He agreed this week to reduce his proposed stake in Arcelor to 25 percent to allay shareholder concerns.
It wants to make Stone & Webster's board and management more responsive to shareholder concerns.
More recently, Mr. Costello bent to shareholder concerns, and thus far has profited in the process.
In response to legitimate shareholder concerns, compensation committees are showing a healthy skepticism toward management proposals.
There was great shareholder concern that if Cadbury spent $800 million in one shot, they wouldn't have the ongoing capital to continue consolidation.
Corporate culture has changed so that shareholder concerns are more integrated into business decisions and planning.
Corporate clients pay the firm to learn how to respond to shareholder concerns, not to get his firm's blessing of their proxies.
The meeting at Carnegie Hall was a veritable concert of shareholder concerns.
It would be wrong, however, to say that the chairman is oblivious to shareholder concerns.