Relationships between listed companies and investors must be improved in 1996,according to Boudewijn Baron van Ittersum, the chairman of the Amsterdam Exchanges NV.
In a New Year address to members of the Exchange, he said:
" I deeply regret that the relations between listed companies and shareholders' representatives are not all they could be.
"The unmistakably more active role being taken by investors is still seen as a threat, while it could - if taken seriously - function to support an effective corporate policy. Constructive relations between companies and their shareholders are essential to the effective functioning of the national capital market. After all, a single joint interest is what it is all about : the continued profitability of our corporate sector.
"I hope that this year will mark a breakthrough in achieving closer relations between representatives of corporate and investor interests"
A full text of the speech is available enter text search 'New Year Address'.
For further information on the Amsterdam Exchanges NV, please contact: Thom Hoedemakers, Director of Communications, Amsterdam Exchanges NV, Beursplein 5, 1012 JW Amsterdam, Netherlands, Tel: + 31 20 5234014, Fax: + 31 20 5234950, or enter a text search "Amsterdam Exchanges NV" and "Business Monitor".
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
