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Mr. Shoemate addressed the issue of increasing shareholder pressure yesterday.
Perhaps increasing shareholder value for multinational companies was the sort of thing he had in mind.
Building a strategy map typically starts with a financial strategy for increasing shareholder value.
Although campaigns differ in their particulars, the activist's playbook for increasing shareholder value is fairly standard.
Increasing shareholder involvement is viewed as the way to fix whatever ails corporate governance.
It is based on his recent article, "Voice versus Exit: The Causes and Consequence of Increasing Shareholder Concentration," available here.
Related research from the Program on Corporate Governance includes The Case for Increasing Shareholder Power by Lucian Bebchuk.
Broughton says the coalition government examined most of the options for increasing shareholder power and restraining high pay.
"It would introduce a share of ownership whose obligation is increasing shareholder value rather than focused on meeting the remit.
What Sorrell has is an incentive programme that rewards him highly for value creation, for increasing shareholder wealth.
SABMiller had also traded strongly since the terms were agreed, increasing shareholder concerns that it was being sold too cheaply.
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