Company Law
Sir, —As an ordinary shareholder in some public companies I was interested in your leader of January 4 and “John Citizen’s” letter. The envisaged amendments in British company law are, in my opinion, required in this country. What I believe is necessary here is the setting up of a shareholders’ protection committee to look after their interests, vis-a-vis the powers, privileges, and perquisites of directors. Futhermore, there is no basic test of the qualifications of directors; many of them are selected by a consortium of fellow interests. High-sound-ing names are not alone any real test of business acumen or business experience.— Yours, etc., ORDINARY SHAREHOLDER. January 6, 1966.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19660107.2.87.6
Bibliographic details
Press, Volume CV, Issue 30952, 7 January 1966, Page 8
Word Count
110Company Law Press, Volume CV, Issue 30952, 7 January 1966, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.