EDITORIAL: Company general meetings put up a show of transparency
But the real debate takes place behind closed doors
22 March 2022 - 05:08
Easy Equities has democratised share ownership, allowing half a million ordinary people to invest in listed companies, without a middleman or a minimum initial amount. But what is not yet fully democratic — at least in practice — is the process by which shareholders, especially small ones, hold company directors to account.
In SA, institutional investors who manage pension funds tend to meet listed companies behind closed doors to ask tough questions...
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