As I never get tired of arguing, poor corporate governance is mainly due to the failure of the largest 20-30 investors to act as responsible owners. No need for zillions of smaller fund managers and private banks to get involved!
Fair Game: Dubious Corporate Practices Get a Rubber Stamp from Big Investors
During a speech yesterday at the New York City Bar Association, Brian Daly,
Director of the SEC’s Division of Investment Management, shared his
thoughts on...
2 days ago
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