Peter Whitehead reports on the most notable findings from our series of debates called “The Board is Dead; Long Live the Board” as part of the FT's Executive Appointments’ “Better Boards” series.
The role of shareholders was the focus of attention as participants in a recent debate asked whether businesses really needed a more active and empowered shareholder base.
The consensus was that they do not and that shareholders can be motivated by short-term economic interest alone and have little – if any – experience of running a company or board. “Shareholders could destroy businesses,” said one...
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