US companies should look Down Under
AUSTRALIA, according to the Australian Securities Exchange (ASX), has one of the highest rates of individual share ownership in the world. It’s the best example we have of an equity ownership culture — something many U.S. policy makers and politicians wish America would become. In America, rates of direct share ownership among the U.S. population [...]
Citizen Investors 1, Fat Cat CEOs $435 million
By Dominic Jones BOB NARDELLI, chairman and CEO of home improvement giant Home Depot, resigned or was fired today after being hounded by shareholders for taking home one of the biggest pay packages in business even while the company’s stock floundered. Depending on who you believe – the Financial Times or Bloomberg — Nardelli was [...]
Waiting for the Citizen Investors
By Dominic Jones TODAY I ordered a new book with a promising title. Its called The New Capitalists: How Citizen Investors are Reshaping the Corporate Agenda and it’s co-authored by three experienced corporate governance and asset-management professionals. I obviously haven’t read the book yet, but I’ve been reading the press coverage and reviews. The central [...]
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