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Essay Details:
Essay text:
Its share price was languishing.
iv) Two major shareholders, Amerada Hess and Petronas, each of which held 25 per cent of the shares. Not content with the control and influence they wielded as such major shareholders.
Mid-2000
v) In the absence of a clear strategy, with a restrictive capital structure, with the lightning rod of its involvement in Myanmar not clearly being managed Premier’s share price had dramatically under performed.
Sep 2000
vi) Hermes could not support trade union campaigns based on a ‘special interest’ and be happy to engage where failure to address on the social, ethical and environmental (SEE) issues was as the result of poor governance, and threatened long-term shareholder value...
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