Governance

Share placements become governance issue for investors

Publicly listed companies should recognise existing shareholders when raising equity capital, and should disclose how a capital equity raising is priced and built and ensure that fees associated with a equity capital raising reflect value and risk, according to governance experts and institutional and retail investors.

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Read more: retail investor,  pre-emptive rights,  non-renounceable right,  capital equity raising,  Martin Lawrence,  Ownership Matters,  Vas Kolesnikoff,  ASX,  Australian Shareholders Association,  institutional investor renounceable right,  share placement,  Simon Connal,  Woolworths