“All of these proposals are just ignoring the real problem, which is that INEDs are only as independent as the controlling shareholder wants them to be, which in most cases, is not at all,” Webb said in an e-mailed reply to Bloomberg News today. “It doesn’t make any difference how many committees you have, or […]
Tag Archives | HKEx
Eat Faster, or Be Eaten
James McRitchie, 09/29/2010 ,
The operators of HKEx want to extend their four-hour trading day by as much as 90 minutes. Currently, stock trading at 10 a.m. and runs until 4 p.m., interrupted by a two-hour lunch break. As this article in the WSJ points out (Hong Kong Exchange’s Plan Hits a Breakwall, 9/26/2010): Competitively, the exchange needs to […]