Business
AMP sexual harassment scandal shows shareholders will insist on higher standards when directors don’t – The Guardian
Company has been facing a growing shareholder revolt over its decision to promote the man at the centre of sexual harassment allegations
The events that have unfolded at AMP over recent weeks prove company directors today need to be as worried about good corporate governance as delivering a strong bottom line.
The resignation of the chair of AMP, David Murray, on Monday and the demotion of one of its senior executives over the companys response to a sexual harassment complaint, is a clear indicator to boards that environmental, social and governance issues are now regarded by shareholders as inextricably linked to a companys va…
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