12/29/2007

The year of corporate governance

 

 

As 2007 is coming to an end, the year  could be described as that of corporate governance due to the popularity and dimension of corporate governance in company investor relations. In short, there is no example that illustrates this better than one full page advertisement that appeared in the FT of october 17 captioned "Open letter to the shareholders of HSBC PL."  Which we can describe as a lacerating critic of the management of HSBC, by an institutional investor if we remember that, Knight Vinke Asset Management  sent a petition to prime minister dominique de villepin on the fusion of gdf-gdf.

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