Tuesday August 4, 2020

Irish PLCs breach stockmarket code

Irish listed companies, including Glanbia, Kerry and Kingspan, will come under increasing pressure from international fund managers for breaches of the Combined Code, which governs the best practise in running their companies.

21st May, 2005

Irish listed companies, including Glanbia, Kerry and Kingspan, will come under increasing pressure from international fund managers for breaches of the Combined Code, which governs the best practise in running their companies.

The fund managers are targeting the huge number of non-executive directors who sit on the boards of Irish companies but who are not truly independent of the main shareholders in the company.

Research agencies working for the fund managers have flagged up serious...

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