Q&A with activist shareholder Chris Logan on SA corporate culture
Recent scandals indicate that CEOs need to be challenged in SA’s boardrooms
Shareholders have suffered enormous harm in recent years after epic corporate fraud was uncovered at Steinhoff and other JSE-listed firms, leading to spectacular destruction of capital as the share prices of the implicated businesses imploded. Business Day caught up with Chris Logan, CIO and owner of Opportune Investments, to reflect on how investors are navigating the ever-changing investment universe.
Q: You are regarded as one of very few shareholder activists in SA, given your active participation at AGMs and results presentations of JSE-listed companies. How critical is shareholder activism in SA?..
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