UK companies should issue non-voting shares to give more activist shareholders a role in corporate governance issues, Lord Myners, the UK Treasury minister, has suggested in the latest in a series of controversial ideas that have been attacked by shareholder groups. Lord Myners said companies could make a 1-for-1 issue of non-voting shares to existing shareholders, which could then be traded in the market alongside voting shares.

This entry was posted by Gwen Robinson on Friday, August 14th, 2009 at 5:07 and is filed under Capital markets, People. Tagged with lord myners. Edit this entry.