Now it was a little astounding, and one could not help wondering, whether those who managed big companies did not forget sometimes that the body of directors of the company were the agents of the shareholders, that they owed them full information subject to proper commercial and reasonable necessities, and it was the shareholder's interests that they had to study. They were not to regard shareholders as sheep who might look up if they were not fed
Mr Justice Wright (1931)
12.1 Research and development and corporate reporting
Issues on short termism and poor investment for long-term sustainability have been referred to in various parts of the literature. One of the key variables which ...