Institutional investors group have slammed proposals calling for a two-tier shareholding system giving more voting rights to long-term equity holders.
Last week, City minister Lord Myners' told the BBC that shareholders who do not hold shares for the long term should have inferior rights as owners - arguing that "companies are too important" for ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
