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Time to view corporate governance, stewardship as partners in responsible wealth creation

Common sense needs to be applied to both practices to bring about enduring business performance.

Experience in the UK and US has showed that the problem in the banking sector was that shareholding was so dispersed that no institution was effectively holding powerful management to account.

TRY asking the chairman of a listed company to say what frustrates them much in relation to AGMs (annual general meetings). Chances are that the answer is about voting. "We spend weeks communicating with shareholders about strategy, policies and challenges. And come the AGM, they voted against...

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