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Toyota to Cut AA Shares for Sustainable Development
If the transaction proceeds, shareholders who by exercising their voting rights to a “high degree” have actively participated in the management of TMC will no longer be of concern to TMC management. Environmental, social and corporate governance issues – so-called ESGs – are at the heart of a growing movement to measure the sustainability and societal impact of an investment in a company or business. The theory – yet to be convincingly proven in AutoInformed’s view – is that this will help predict the future financial performance of companies. Continue reading →