Not enough that companies from what is basically nothing but a dictatorship can roam through our corporate universe, outfits where large and maybe even controlling stakes can be 'parked' with friends make any clear link to good governance less than practicable. Which local community, employee or customer representation will be able to hold these firms to account, not mentioning governments that usually sing from the hymnbook of unaccountable lobbyists.
Reuters
The SEC’s decision to withdraw from its role as Rule 14a-8 referee has
generated bipartisan howls from leading participants in the shareholder
proposal ind...
7 hours ago
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