Management Turnover as Change Agent

Wednesday, June 17, 2009

Recommended Reading - Top investor wants annual board re-elections, Reuters

Raji Menon wrote a story for Reuters today that examined a call by the UK’s institutional investment firm, Legal and General Investment Management (LGIM), for the annual election of corporate board members. LGIM’s call is intended to help push for greater board accountability. Hopefully the same calls will be raise here in the United States and Canada by institutional and activist investors.

Anyone interested in greater corporate accountability should read Menon’s story.

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