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The UK's shareholder body aims to address contentious relations with company boards.

Financial Times LogoFinancial Times1 mo ago

 The UK's shareholder body aims to address contentious relations with company boards. - Financial Times

Quick Summary:

It’s not about the government telling us how to do things,” he said.“It’s about market practitioners getting together and figuring out how to make their market work as well as it can.

Unlike the Takeover Panel, later put on a legal footing through legislation, the forum would be aimed primarily at facilitating debate rather than imposing new codes or rules, said Griffiths.“It’s not about regulation.

The Financial Reporting Council is also set to scrutinise the relationship between investors and companies in a review of its stewardship code.


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Article Details

Author / Journalist: Michael O’Dwyer

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-01-23 @ 18:30:15 (1 months ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 590 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 19848810

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 18 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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