The UK has announced a shift in the rules governing listed corporations, of which two look particularly important:
a. a reduction of the need for management to consult shareholders;
an odd way to 'encourage' greater investment one might think?
b. an allowance for non-natural persons (that is investment firms of various sorts) to hold shares with enhanced voting rights.
Both moves (in consultations) have been criticised by investor groups... but are going ahead anyway!
#investment
h/t FT
Emeritus Prof Christopher May /
npub1hr…f2ktj
2024-07-11 05:41:51
Author Public Key
npub1hr0x0gm9ksmvuvqwkyzfjuczv9pln83axuftxfhnq2maday69ypqtf2ktjPublished at
2024-07-11 05:41:51Event JSON
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