Share on Google Plus Share on Twitter 1 Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend (1 Shares)  
Printer Friendly Page Save As Favorite View Favorites View Stats   No comments

One of News Corp's largest shareholders is demanding reform calling present leadership 'corrupt'

Quicklink submitted by Amanda Lang     Permalink
Related Topic(s): ; ; ; , Add Tags

View Ratings | Rate It

opednews.com

Become a Fan
  (9 fans)
Image from a quicklink The California Public Employees' Retirement System, the largest public pension fund in the US -- one of News Corps. largest shareholders -- and one of the country's most influential investors, is stepping up the pressure for a drastic overhaul of the way News Corporation is run: "News Corp does not have one share one vote. This is a corruption of the governance system. Power should reflect capital at risk. CALPERS sees the voting structure in a company as critical. The situation is very serious and we're considering our options. We don't intend to be spectators -- we're owners."

Read the rest of the story HERE:

At www.guardian.co.uk

- Advertisement -
- Advertisement -

 

Comments

The time limit for entering new comments on this Quicklink has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
No comments