AMP sexual harassment scandal shows shareholders will insist on higher standards when directors don’t – The Guardian

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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