Xero has its Aussie cake and eats its Kiwi cake too
No Aussie remuneration vote rule for Xero
Jenny Ruth
Fri, 17 Aug 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Xero may have snubbed NZX by shifting to listing solely on ASX but it isn’t playing by Aussie Rules.
In particular, it is managing to avoid Australia’s “two-strike rule,” which was designed to give shareholders more power to rein in directors’ and executives’ pay rates.
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Jenny Ruth
Fri, 17 Aug 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
