The IA has written to the "worst offenders" within the FTSE All-Share index, expressing concern they have failed to respond sufficiently to shareholder dissent on the exact same issues over a two-year period.
The 32 companies have appeared on the public register of the Investment Association (IA), which tracks shareholder dissent, for the last two years as a result of seeing opposition to the same resolutions in 2017 and 2018. This suggests that the companies did not respond sufficiently to investor views and in doing so are risking more shareholder dissent in the future, according to the IA. IA singles out FTSE 350 companies with poor gender diversity on boards Director of stewardship and corporate governance at the IA Andrew Ninian said: "We expect these companies to provide an update...
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