Top Investment Firms have to combine

The top 10 shareholding institutions have a case to answer - if they vote as a bloc any deficiency in corporate governance would be stopped in an instant. So they are as culpable as management and there is no point moaning in closed meetings with management. We demand for a long time that the top institutions - and ideally not only the top 10, important as they are, but also the next 50-100 firms, have to act as one - then they could produce quick and decisive change rather than just contributing to the endless debates about corporate governance. If that is not happening sooner rather than later no one should complain if politicians get involved.
(30-Nov-2013)