We're all activists now: unlocking the stewardship potential of investors
December 23, 2013 12:00:00 AM
The application of suboptimal governance practices and the inadequate oversight of risk can have a significant toll on shareholder returns. The continued difficulties and challenges faced by a number of banking companies, for example, around the world are a timely reminder to investors of the necessity for owners of companies to ensure high standards of stewardship. In the highly complex world of the modern financial corporation in particular, the risks of governance and stewardship failure are magnified.