As readers will know – I’ve been recommending for years that shareholders should be given a statutory role (shareholder power) to get more involved in companies’ activities. Prime Minister David Cameron and Business Secretary Vince Cable are now talking about making it a legal requirement for shareholders to have mandatory oversight on directors’ pay. However […]
What, I was wondering, would have happened if the recent debacle over banking had taken place against a different operating background? Consider the causes (and outpourings) that have led us to the position where, in the UK at least, the Government owns one bank (Northern Rock), is heading for over 80% ownership of another (Royal […]
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