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Essay

corporate governance and investor activism

Essay specific features

 

Issue:

Business

 

Written by:

Leslie O

 

Date added:

April 19, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

10 / 2684

 

Was viewed:

2558 times

 

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Essay content:

Hollinger's board consisted of many of Lord Black's friends and included his wife whom charged her extravagant birthday party expenses to the company accounts. Lord Black used company funds to purchase a new luxury property and took extravagant holidays via the firm's private jet. Once such unethical actions were found out, naturally investors were angered...
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Lord Black used company funds to purchase a new luxury property and took extravagant holidays via the firm's private jet. Once such unethical actions were found out, naturally investors were angered. At first Tweedy Browne was a lone voice, but the campaign gradually gathered strength after Treedy Browne's enquiry bore results and demonstrates a success story for shareholder activism, which offered an alternative to divesting the shares and exiting...
displayed 300 characters

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