Protection money
Article Abstract:
Companies may have major stockholders, and this especially applies to smaller companies, so governments may introduce measures to control abuse of power by major stockholders. Stockholders with a controlling interest are able to select managers and pay them large salaries. Investors may control more votes than the stocks that they own in a company, and this can create particular problems for minority stockholders. There is a need for local content in assessing corporate governance rules.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
In search of better boardrooms
Article Abstract:
The British committee headed by Adrian Cadbury formed to investigate problems with corporate governance has released a report outlining several recommended reforms. The committee's proposals on auditing and financial disclosure are laudable, but further reforms are required to protect shareholders.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
Mutiny on the board
Article Abstract:
The effort to reform corporate boardrooms, led by institutional investors, has led to a push to separate the duties of the CEO and board chairman. Larger corporations are best managed when an outside director serves as chairman of the board.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Project to ease codend escape. Tougher netting sells around the world. 'World's biggest metting maker' - group exports worldwide
- Abstracts: The inflation barometer. Whistling while they work. Leona Helmsley and the iniquitous 1980s
- Abstracts: Protect your rights as a working mom. Life on the run: how busy moms manage
- Abstracts: How others do it. Hanging in the balance. Why services are different
- Abstracts: Moral panic: state of the nation. Up in the air. Non habeas corpus: the Supreme Court