Australia’s directors lobby group is pushing for consideration of US-style changes to how proxy recommendations are prepared, including allowing a company to review advice before being sent to shareholders.
The proposal was criticised by one local proxy advisory service, which said there was no logical reason for such a change.
Loading...
Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
