How should small shareholders have a choice? Lessons from Gunns Ltd extraordinary general meeting.
Hanson, D and Wickham, M (2009) How should small shareholders have a choice? Lessons from Gunns Ltd extraordinary general meeting. Corporate Ownership & Control, 7 (1). pp. 160-167. ISSN 1727-9232
|PDF - Full text restricted - Requires a PDF viewer|
Official URL: http://virtusinterpress.com/index.html
In Australian corporate governance, Section 249D of the Corporations Act 2001 gives small shareholders a voice by empowering them to call for an Extraordinary General Meeting (EGM). We discuss the principles behind this section, and illustrate its action with the case of Gunns Ltd, a logger of old growth forests in the green oriented island state of Tasmania. Out conclusion is that the section needs to be redrafted with more stringent conditions attached to calling an EGM but while still empowering small shareholders.
|Additional Information:||© 2009 Virtus Interpress|
|Keywords:||Governance, Stakeholder, General Meeting, Pressure Group|
|Deposited By:||Dr Mark Wickham|
|Deposited On:||08 Sep 2009 09:26|
|Last Modified:||08 Sep 2009 09:26|
|ePrint Statistics:||View statistics for this ePrint|
Repository Staff Only: item control page