Management buy-outs remain a key area of governance concern; the protection of the minority shareholders is of vital importance and constant vigilance is called for. Companies with a controlling shareholder in particular require an ever greater level of attention, especially when it comes to scrutinising related party transactions and remuneration paid to the directors. Unfortunately, these will be areas […]
Read MoreThree AGMs have this week seen shareholder dissent reach notable levels. Home Retail Group shareholders voted to approve the remuneration report, but dissent represented the fifth biggest rebellion on the remuneration report in the FTSE 100 so far in 2009. Total dissent of 40.49% was split between against 32.99% and abstentions 7.5%. The Company had […]
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