Stakeholder debate should not be used to weaken shareholder rights
Investors play a vital role in holding boards to account—and well-governed companies safeguard the long-term interests of all stakeholders.
Image: Suphakit73/Shutterstock
Relations between investors and boards have reached a low ebb.
That was the verdict recently of Andy Griffiths, executive director of the Investor Forum. Given the Forum’s coalition of investors represents as much as a third of the FTSE All-Share market capitalisation, we should all be concerned by his comments.
In publicly listed firms, shareholders play a vital role in holding to account the boards they appoint. Our corporate governance system hinges on shareholders actively questioning the performance of directors on an ongoing basis.
Our corporate governance system hinges on shareholders actively questioning the perf
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