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The Times

No, we won't change the corporate world with divestment and boycotts

  • Written by Richard Holden, Professor of Economics, UNSW
No, we won't change the corporate world with divestment and boycottsJacques Brinon/AP

Boe Pahari’s short reign as boss of AMP’s lucrative investment management division and the resignations this week of AMP chairman David Murray and board member John Fraser have shown the power of major shareholders in public companies.

There was, you may recall, public outcry about Pahari’s elevation to chief...

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