Looking at the listings for several major stock exchanges on Allison Garrett's governance blog one has to ask whether stock exchanges do still have a role to play in creating and administering effective corporate governance safeguards. The big boys among them seem to have as their main aim in life the maximising of their profit (and the compensation of the select few at the top of the management pyramid). The rest is a motley collection of sleepy bureaucracies that are not even accountable to their shareholders, much less to the wider community of shareholders.
(18/02/2011)
A few years ago, I shared observations as I was heading out on parental
leaves for my son and my daughter. Now, I’m gearing up for a different
reason – tho...
8 hours ago
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