ITV repeat

This report in The Observer reviews the shareholder vs boardroom struggle of the past week, and suggests that ‘the issue centred around corporate governance.’

Lawyers, brokers and bankers are quoted in the story, so where were the PR advisers to give guidance on the new corporate order?

In this post-Enron, post-Marconi world, investors are flexing their muscles as never before. It is not unreasonable for them to argue that the interests of shareholders and companies be more closely aligned after the excesses of the late Nineties’ boom.