Phillips Law

Recommendations of STAKEHOLDER RELATIONSHIPS Part 1

August 2, 2017 No Comments

412. Companies should have creditor protection procedures in relation to mergers, capital decrease, split mergers and such other matters. 413. The Board should formulate, develop and implement a framework of engagement with stakeholders which it should constantly review in a structured way. 414. The Board should encourage the formation of appropriate stakeholder associations to facilitate […]

Recommendations of STAKEHOLDER RELATIONSHIPS

August 1, 2017 No Comments

407. All communication to stakeholders should use clear and simple language and should set out all relevant facts, whether positive or negative. 408. Minority shareholders should be protected from abusive actions by, or acts done solely in the interests of, the controlling shareholders. 409. What the company actually does, and not merely what it communicates, […]