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Corporate Governance Reform: The End of Shareholder Monopoly with Votes at Work | Oxford Law Faculty 08.12.2017


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The UK is about to stop shareholders monopolising votes for company boards, with worker voice. Asset managers control most shareholder votes in public companies through ‘other people’s money’. They have systemic conflicts of interest, because shareholder votes may influence companies to buy asset managers’ financial products (eg pension schemes). This enables mass self-dealing.

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