If your going to sink a lot of money into a project (or company), you want to be able to have some control over how its managed, hence why top 20 get 'their' people on boards etc.
It appears, I’m not getting the message across or certain people are trying to muddy my comments, by presenting
it as change to the whole system.
Nothing changes, except anything involving remuneration to engender transparency.
The top 20 will still enjoy the poll voting system for other resolutions and their privileges that they currently enjoy
in influencing the strategy and direction of a company.
One of the biggest bitches by directors and management at AGM's, is the time spent on the remuneration resolution and the lack off interest in the strategy and direction that they have planned for the company.
This was one off the excuses to get rid off running AGM by the big end of town.
My proposal should minimise time spent on remuneration resolution because it eliminates suspicious transactions and is transparent.
Radicool Views
Feedback for Management, page-13
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