Legal and General Investment Management (LGIM) is calling for changes to the way company boards are ...
Legal and General Investment Management (LGIM) is calling for changes to the way company boards are held to account for their decisions to ensure the financial world avoids a future corporate crisis. In its latest monthly Fundamentals briefing, the investment house states if this does not occur, shareholder engagement will continue to have a limited effect. It states: "Critically, there needs to be a stronger mechanism in the market which upholds shareholders' rights and ensures that when shareholders speak, management teams listen." LGIM adds shareholders have been criticised during ...
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