UK Investors Sound Warning on Voting Rights

ESG Investor

Changes proposed by the FCA risk removing pressure from firms to perform and could encourage lack of accountability from management.

Institutional investors have stressed that the UK should not follow the US in the uptake of dual class share structures (DCSS), as a proposal from the Financial Conduct Authority (FCA) could make it easier for them to be used in the country. DCSS are structures that allow companies to issue…

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The full article is available here. This article was published at ESG Investor.