COMPANY AFFAIRS
SHAREHOLDERS’ RIG RTS. Apropos of the recent legislation in Great Britain relative to share hawking and other company law the “Mercantile Gazette” says:— “Our own companies Act is overdue for revision, and there is some urgency for bringing it up-to-date for the tendency of investment is in Slock Exchange securities, and small holders of shares are rapidly increasing.
These small shareholders need protection, but should not be restricted. A wider publicity in all matters connected with companies may be the most effective form of treatment. It should be the right of a shareholder to receive the annual report and bal-ance-sheet and not be expected to visit the office of the company to inspect the document as is now the case with several public companies whose shares are quoted on the Stock Exchanges. There are quite a number of points in connection with company finance company balance-sheets and related matters that require the attention of Parliament.”
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19290710.2.11
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 10 July 1929, Page 2
Word count
Tapeke kupu
157COMPANY AFFAIRS Hokitika Guardian, 10 July 1929, Page 2
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in