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There have been many efforts at improving corporate governance in the last few years following the spate of American corporate scandals. The reforms have resulted in the focus now moving to one of the most glaring anomalies in the link of safeguards against the risk of the integrity of financial reporting being damaged. The author looks at the whole difficult, tangled and sometime opaque system of shareholder voting and assesses whether proposed reforms to the system will work.
Balance Sheet – Emerald Publishing
Published: Feb 1, 2004
Keywords: Corporate governance; Financial reporting; Shareholder voting; Shareholder value; Institutional shareholders
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