Tuesday, August 22, 2006

One share, one vote is the way to a fairer market


The European Commission is gearing up to launch a study on shareholder democracy to help form a consensus on whether to push for better representation of shareholders by adopting the principle of one share, one vote.

Although Charles McCreevy, the European Union's single market commissioner, has come out strongly in favour, the idea is contentious and the debate is already emotionally charged.

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