‘Cronyism’ accusation is levelled at the INM group

Shareholders in Independent News and Media (INM) have been advised by a shareholder advisory service to oppose the re-election of directors at the company’s upcoming agm, due to ‘‘insufficient’’ independent board representation.

2nd June, 2007

Shareholders in Independent News and Media (INM) have been advised by a shareholder advisory service to oppose the re-election of directors at the company’s upcoming agm, due to ‘‘insufficient’’ independent board representation.

European Corporate Governance Service (ECGS) has raised a number of issues relating to INM’s board and committees, as well as the level of information the company provides on directors. ECGS is the second advisory group to oppose...

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