Friday 23 March 2012

UK: Plurality, Stewardship and Engagement - Ownership Commission report published

The Ownership Commission has published a report titled Plurality, Stewardship and Engagement - see here (pdf) - in which it makes many recommendations including the widening of directors' duties to include a duty of stewardship, greater disclosure by institutional shareholders in respect of stock lending, and making its easier for shareholders to table resolutions at annual general meetings.

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