Vince Cable: Shareholder activism "is healthy, that's how this problem should be dealt with"

Comments

[Andrew Smith]

So Vincey thinks it is a good thing that shareholders stop top management doing things they don't approve of. That's all very well but taken to extremes the voters might soon be demanding the same of politicians.

Whereas the management of businesses are put in place to run the thing as they think best within the company's charter, politicians are meant to govern with the consent of the voters and in their interests. How come we don't get the recall votes promised in the coalition agreement and by individual candidates without qualitication, why no voter mandated referendums, why none on the EU?

maybe Vincey wants to carry on as a dictator while businesses (which generally do a better job than HMG) get pasted.