Guv
Employee shareholding is another myth that has not worked well in the real world.
First of all, there are usually disclosure clauses that prevent employee board members disclosing vital information. Secondly, there are usually cliques at board level that have agendas not widely visible to the rest of the board.
So in real life, employee board members are a neat way of getting heat off the board on many issues.
I have heard rumours that NWA employees are not thrilled with the results of their shareholding, anybody got any feedback on this or other instances?
Are there any instances that can be used to illustrate the resounding success employee shareholding?