With less than 14 per cent of shares, Meta’s chairman and chief executive controls the majority of votes because of the tech company’s dual-class share structure.
Companies that install independent directors not only cause shareholder losses but also weaken every aspect of a firm's performance, writes Peter Swan.
A recent US Supreme Court ruling has allowed corporate entities to circumvent already flimsy campaign finance restrictions. In doing so, transparency and accountability have been reduced, argues Professor Justin O'Brien.
OPINION: Without higher standards of international accountability, banks will continue to see punishment for breaking the law as simply the price of doing business, warns Professor Justin O'Brien in The Conversation.