--- title: "Meaning & Key Takeaway of: Banks need to have large shareholders on…" description: "\"Banks need to have large shareholders on the board that have a direct interest in their performance.\" — Mian Muhammad Mansha" image: "https://sms4smile.com/quotes/i/f79/mian-muhammad-mansha-34485_banks_banks-need-to-have-large-shareholders-on_2760284.jpg" --- # Banks need to have large shareholders on the board that… ![“Banks need to have large shareholders on the board that have a direct interest in their performance.” quote by Mian Muhammad Mansha](https://sms4smile.com/quotes/i/f79/mian-muhammad-mansha-34485_banks_banks-need-to-have-large-shareholders-on_2760284.jpg) [Download](https://sms4smile.com/quotes/i/f79/mian-muhammad-mansha-34485_banks_banks-need-to-have-large-shareholders-on_2760284.jpg) [Open image](https://sms4smile.com/quotes/i/f79/mian-muhammad-mansha-34485_banks_banks-need-to-have-large-shareholders-on_2760284.jpg) > “Banks need to have large shareholders on the board that have a direct interest in their performance.” [Mian Muhammad Mansha](https://sms4smile.com/quotes/author/mian-muhammad-mansha/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Having shareholders with a direct stake aligns their interests with the company's success, driving better governance. **In simple terms:** Stakeholder ownership improves oversight. Key Takeaway Ensure board members have skin in the game. Themes corporate governance shareholder rights accountability Mood cautious analytical Type policy financial When to use this quote - board appointments - investment decisions - performance monitoring Key Concepts aligned incentives ownership structure Questions to Reflect On - What safeguards protect minority shareholders? - How to balance influence and expertise? A Different Perspective Large shareholders may dominate and suppress minority voices. ★ ★ ★ ★ ★ No ratings yet [Banks](https://sms4smile.com/quotes/about/banks/) [Interest](https://sms4smile.com/quotes/about/interest/) [Performance](https://sms4smile.com/quotes/about/performance/) [Shareholders](https://sms4smile.com/quotes/about/shareholders/) ## Related quotes > [Banks need to think through their ethics very carefully, and many have done so. I don't know any bank that dismisses the concept of…](https://sms4smile.com/quotes/justin-welby/banks-need-to-think-through-their-ethics-very-carefully-and-many-have-2/) [Justin Welby](https://sms4smile.com/quotes/author/justin-welby/) > [We need to change how we run banks. We need to change the culture. If we get it right, we can have a huge…](https://sms4smile.com/quotes/ana-patricia-botin/we-need-to-change-how-we-run-banks-we-need-to-change-the-culture-if/) [Ana Patricia Botin](https://sms4smile.com/quotes/author/ana-patricia-botin/) > [My obligation is to the owners of Barclays, my shareholders. They hired me. People who criticise compensation for individuals in isolation at, say, BarCap,…](https://sms4smile.com/quotes/bob-diamond/my-obligation-is-to-the-owners-of-barclays-my-shareholders-they-hired/) [Bob Diamond](https://sms4smile.com/quotes/author/bob-diamond/) > [Nationalization would likely mean wiping out the big banks' managements and shareholders. It's because that reckoning has mostly been avoided so far that those…](https://sms4smile.com/quotes/frank-rich/nationalization-would-likely-mean-wiping-out-the-big-banks/) [Frank Rich](https://sms4smile.com/quotes/author/frank-rich/) > [Big banks have long had private equity divisions that put up capital for deals too complex or risky for individual shareholders to finance.](https://sms4smile.com/quotes/alex-berenson/big-banks-have-long-had-private-equity-divisions-that-put-up-capital/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [If the big banks expect to buy influence when they give money to favored think tanks, then the public has a right to know.…](https://sms4smile.com/quotes/elizabeth-warren/if-the-big-banks-expect-to-buy-influence-when-they-give-money-to/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [I have a responsibility to banks, to shareholders.](https://sms4smile.com/quotes/arnon-milchan/i-have-a-responsibility-to-banks-to-shareholders/) [Arnon Milchan](https://sms4smile.com/quotes/author/arnon-milchan/) > [It's hard to tell which assets will be toxic. The best way to ensure that only shareholders and banks feel it is have adequate…](https://sms4smile.com/quotes/alan-greenspan/it-s-hard-to-tell-which-assets-will-be-toxic-the-best-way-to-ensure/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [“If we were not impressed by job titles, suits, and jargon, we would demand that financial advisors show us their personal bank statements before…](https://sms4smile.com/quotes/mokokoma-mokhonoana/if-we-were-not-impressed-by-job-titles-suits-and-jargon-we-would/) [Mokokoma Mokhonoana](https://sms4smile.com/quotes/author/mokokoma-mokhonoana/) > [Banks need to continue to lend to creditworthy borrowers to earn a profit and remain strong.](https://sms4smile.com/quotes/ben-bernanke/banks-need-to-continue-to-lend-to-creditworthy-borrowers-to-earn-a/) [Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/) > [The Bankers' New Clothes makes a simple, powerful argument: that banks need to raise more capital. 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I dont know any bank that dismisses the concept of…](https://sms4smile.com/quotes/justin-welby/banks-need-to-think-through-their-ethics-very-carefully-and-many-have/) [Justin Welby](https://sms4smile.com/quotes/author/justin-welby/) > [The financial crisis has underscored how insufficient attention to fundamental corporate governance concepts can have devastating effects on an institution and its continued viability.…](https://sms4smile.com/quotes/daniele-nouy/the-financial-crisis-has-underscored-how-insufficient-attention-to/) Daniele Nouy > [I think public sector banks need to have greater private participation of people who have skin in the game.](https://sms4smile.com/quotes/ajay-piramal/i-think-public-sector-banks-need-to-have-greater-private/) [Ajay Piramal](https://sms4smile.com/quotes/author/ajay-piramal/) > [One of the things that the public sector banks need to do is to raise private capital from the market and not rely on…](https://sms4smile.com/quotes/urjit-patel/one-of-the-things-that-the-public-sector-banks-need-to-do-is-to-raise/) [Urjit Patel](https://sms4smile.com/quotes/author/urjit-patel/) ## More by Mian Muhammad Mansha > [I am a very big proponent of opening the borders with India. Most of our trade is done through unofficial channels. Why not open…](https://sms4smile.com/quotes/mian-muhammad-mansha/i-am-a-very-big-proponent-of-opening-the-borders-with-india-most-of/) [Mian Muhammad Mansha](https://sms4smile.com/quotes/author/mian-muhammad-mansha/) > [Carl Icahn told me to stay away from airlines. In good times, the unions take away the profits, and in bad times, the cost…](https://sms4smile.com/quotes/mian-muhammad-mansha/carl-icahn-told-me-to-stay-away-from-airlines-in-good-times-the/) [Mian Muhammad Mansha](https://sms4smile.com/quotes/author/mian-muhammad-mansha/) > [People think that we bought a lot of things during Nawaz Sharif's time and that I am very close to him. I have never…](https://sms4smile.com/quotes/mian-muhammad-mansha/people-think-that-we-bought-a-lot-of-things-during-nawaz-sharif-s/) [Mian Muhammad Mansha](https://sms4smile.com/quotes/author/mian-muhammad-mansha/) > [I realized early on, maybe better than some of my competitors did, that a textile business can run only if you have scale. I…](https://sms4smile.com/quotes/mian-muhammad-mansha/i-realized-early-on-maybe-better-than-some-of-my-competitors-did-that/) [Mian Muhammad Mansha](https://sms4smile.com/quotes/author/mian-muhammad-mansha/) > [You will never see my sons in parties. We keep to ourselves and try to do whatever we have to do.](https://sms4smile.com/quotes/mian-muhammad-mansha/you-will-never-see-my-sons-in-parties-we-keep-to-ourselves-and-try-to/) [Mian Muhammad Mansha](https://sms4smile.com/quotes/author/mian-muhammad-mansha/) > [I want to be the first Pakistani, like some of our counterparts in India, to really go out and show that we Pakistanis can…](https://sms4smile.com/quotes/mian-muhammad-mansha/i-want-to-be-the-first-pakistani-like-some-of-our-counterparts-in/) [Mian Muhammad Mansha](https://sms4smile.com/quotes/author/mian-muhammad-mansha/) > [The impression of Pakistan is that people are corrupt. I don't think they are as corrupt as they are made out to be. I…](https://sms4smile.com/quotes/mian-muhammad-mansha/the-impression-of-pakistan-is-that-people-are-corrupt-i-don-t-think/) [Mian Muhammad Mansha](https://sms4smile.com/quotes/author/mian-muhammad-mansha/) > [People like me, whose income largely comes from dividends, should pay more taxes. The problem is that taxes aren't used efficiently.](https://sms4smile.com/quotes/mian-muhammad-mansha/people-like-me-whose-income-largely-comes-from-dividends-should-pay/) [Mian Muhammad Mansha](https://sms4smile.com/quotes/author/mian-muhammad-mansha/) > [The problem is that taxes aren’t used efficiently.](https://sms4smile.com/quotes/mian-muhammad-mansha/the-problem-is-that-taxes-aren-t-used-efficiently/) [Mian Muhammad Mansha](https://sms4smile.com/quotes/author/mian-muhammad-mansha/) > [The only way to kill militancy, to reduce it, is to provide opportunities to people who have no opportunities. I've always told my American…](https://sms4smile.com/quotes/mian-muhammad-mansha/the-only-way-to-kill-militancy-to-reduce-it-is-to-provide/) [Mian Muhammad Mansha](https://sms4smile.com/quotes/author/mian-muhammad-mansha/) > [People like me, whose income largely comes from dividends, should pay more taxes.](https://sms4smile.com/quotes/mian-muhammad-mansha/people-like-me-whose-income-largely-comes-from-dividends-should-pay-2/) [Mian Muhammad Mansha](https://sms4smile.com/quotes/author/mian-muhammad-mansha/) > [The future of the world will belong to whoever can harness energy and food.](https://sms4smile.com/quotes/mian-muhammad-mansha/the-future-of-the-world-will-belong-to-whoever-can-harness-energy-and/) [Mian Muhammad Mansha](https://sms4smile.com/quotes/author/mian-muhammad-mansha/) > [Terrorism is partly linked to people who have no jobs in Pakistan.](https://sms4smile.com/quotes/mian-muhammad-mansha/terrorism-is-partly-linked-to-people-who-have-no-jobs-in-pakistan/) [Mian Muhammad Mansha](https://sms4smile.com/quotes/author/mian-muhammad-mansha/) [Explore all 14 Mian Muhammad Mansha quotes ](https://sms4smile.com/quotes/author/mian-muhammad-mansha/) ## More Banks quotes > [What we prefer to do is operate our investment bank in a way that is like what investment banks used to be, which is…](https://sms4smile.com/quotes/warren-stephens/what-we-prefer-to-do-is-operate-our-investment-bank-in-a-way-that-is/) [Warren Stephens](https://sms4smile.com/quotes/author/warren-stephens/) > [We now have power under the Dodd-Frank legislation to break up banks. And I've said I will use that power if they pose a…](https://sms4smile.com/quotes/hillary-clinton/we-now-have-power-under-the-dodd-frank-legislation-to-break-up-banks/) [Hillary Clinton](https://sms4smile.com/quotes/author/hillary-clinton/) > [“Ever notice how the same politicians who claim to be against trickle-down economics have no problem bailing out banks and other politically connected businesses?”](https://sms4smile.com/quotes/colin-m-mcgroarty/ever-notice-how-the-same-politicians-who-claim-to-be-against-trickle/) [Colin M. McGroarty](https://sms4smile.com/quotes/author/colin-m-mcgroarty/) > [My nightmare scenario is that the government saves Citibank once again, as well as the other banks, and business resumes as usual. Then, the…](https://sms4smile.com/quotes/nassim-nicholas-taleb/my-nightmare-scenario-is-that-the-government-saves-citibank-once/) [Nassim Nicholas Taleb](https://sms4smile.com/quotes/author/nassim-nicholas-taleb/) > [“The rich run a global system that allows them to accumulate capital and pay the lowest possible price for labour. The freedom that results…](https://sms4smile.com/quotes/charles-moore/the-rich-run-a-global-system-that-allows-them-to-accumulate-capital/) [Charles Moore](https://sms4smile.com/quotes/author/charles-moore/) > [With post offices and postal workers already on the ground, USPS could partner with banks to make a critical difference for millions of Americans…](https://sms4smile.com/quotes/elizabeth-warren/with-post-offices-and-postal-workers-already-on-the-ground-usps-could/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [Much of what Germany and France have done in the rescue of Greece has also helped German and French banks, who for a long…](https://sms4smile.com/quotes/mario-monti/much-of-what-germany-and-france-have-done-in-the-rescue-of-greece-has/) [Mario Monti](https://sms4smile.com/quotes/author/mario-monti/) > [The world needs banking but it does not need banks.](https://sms4smile.com/quotes/bill-gates/the-world-needs-banking-but-it-does-not-need-banks/) [Bill Gates](https://sms4smile.com/quotes/author/bill-gates/) > [Banks are the temples of America. This is a holy war. Our economy is our religion.](https://sms4smile.com/quotes/giannina-braschi/banks-are-the-temples-of-america-this-is-a-holy-war-our-economy-is/) [Giannina Braschi](https://sms4smile.com/quotes/author/giannina-braschi/) > [In the old days we were the challenger brand competing against the big banks, but today I go round the world and I sit…](https://sms4smile.com/quotes/lloyd-dorfman/in-the-old-days-we-were-the-challenger-brand-competing-against-the/) [Lloyd Dorfman](https://sms4smile.com/quotes/author/lloyd-dorfman/) > [“The kind of data and the data-analytical perspective privy to banks is quite unique to banks.”](https://sms4smile.com/quotes/hendrith-vanlon-smith-jr-ceo-of-mayflower-plymouth/the-kind-of-data-and-the-data-analytical-perspective-privy-to-banks/) [Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth](https://sms4smile.com/quotes/author/hendrith-vanlon-smith-jr-ceo-of-mayflower-plymouth/) > [My father, Cecil Banks Mullis, and mother, formerly Bernice Alberta Barker, grew up in rural North Carolina in the foothills of the Blue Ridge…](https://sms4smile.com/quotes/kary-mullis/my-father-cecil-banks-mullis-and-mother-formerly-bernice-alberta/) [Kary Mullis](https://sms4smile.com/quotes/author/kary-mullis/) > [If your only arbiter of anything is money, really you should... go and rob banks.](https://sms4smile.com/quotes/bruce-dickinson/if-your-only-arbiter-of-anything-is-money-really-you-should-go-and/) [Bruce Dickinson](https://sms4smile.com/quotes/author/bruce-dickinson/) > [No paper trail means no banks. And no banks means cash houses. -Mia](https://sms4smile.com/quotes/fast-five/no-paper-trail-means-no-banks-and-no-banks-means-cash-houses-mia/) Fast Five > [I did something that challenged the banking world. Conventional banks look for the rich; we look for the absolutely poor. All people are entrepreneurs,…](https://sms4smile.com/quotes/muhammad-yunus/i-did-something-that-challenged-the-banking-world-conventional-banks/) [Muhammad Yunus](https://sms4smile.com/quotes/author/muhammad-yunus/) [Browse all 387 Banks quotes ](https://sms4smile.com/quotes/about/banks/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Banks need to have large shareholders on the board that have a direct interest in their performance.", "creator": { "@type": "Person", "name": "Mian Muhammad Mansha" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/mian-muhammad-mansha/banks-need-to-have-large-shareholders-on-the-board-that-have-a-direct/", "about": { "@type": "Thing", "name": "Banks" }, "@id": "https://sms4smile.com/quotes/mian-muhammad-mansha/banks-need-to-have-large-shareholders-on-the-board-that-have-a-direct/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/f79/mian-muhammad-mansha-34485_banks_banks-need-to-have-large-shareholders-on_2760284.jpg", "contentUrl": "https://sms4smile.com/quotes/i/f79/mian-muhammad-mansha-34485_banks_banks-need-to-have-large-shareholders-on_2760284.jpg", "url": "https://sms4smile.com/quotes/i/f79/mian-muhammad-mansha-34485_banks_banks-need-to-have-large-shareholders-on_2760284.jpg", "width": 1080, "height": 1080, "caption": "“Banks need to have large shareholders on the board that have a direct interest in their performance.” — Mian Muhammad Mansha", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Mian Muhammad Mansha", "item": "https://sms4smile.com/quotes/author/mian-muhammad-mansha/" }, { "@type": "ListItem", "position": 4, "name": "Banks need to have large shareholders...", "item": "https://sms4smile.com/quotes/mian-muhammad-mansha/banks-need-to-have-large-shareholders-on-the-board-that-have-a-direct/" } ], "@id": "https://sms4smile.com/quotes/mian-muhammad-mansha/banks-need-to-have-large-shareholders-on-the-board-that-have-a-direct/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```