Why Group Five is a watershed for shareholder rights
SOURCE: FINANCIAL MAIL | AUTHORS: MARK ALLIX, ANN CROTTY & ROB ROSE | DATE: 27 JULY 2017
A special meeting at Group Five has reinforced the notion that boards of directors aren’t used to being told what to do by shareholders. But that may change as previously timid asset managers — who have allowed bad governance to thrive — start to flex their muscles to protect their clients’ investments.
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