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One shareholder one vote in all company ballots

Submitted on Friday 5th August 2011

Published on Tuesday 16th August 2011

Current status: Closed

Closed: Thursday 16th August 2012

Signatures: 4

Petition Action

One shareholder one vote in all company ballots

Additional Information

Currently shareholders vote in proportion to the number of shares they hold and do not have equality of voting rights at AGM's.
This means that large shareholders such as corporations, pension funds and the very rich have too great an influence over the salary and bonuses of directors. This applies particularly in the banking sector.
One share holder/ one vote would be an easy way to control the excessive salaries of bankers.


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