Publication No 3: Engaging with Shareholders - A Guide for Boards

Retaining the interest, respect and trust of shareholders is essential for good corporate governance. Shareholders are entitled to seek the assurance that the stewardship of their investment is professional, ethical, and legitimate and well administered by directors who understand their roles and responsibilities and especially their fiduciary duties.

Boards should of course have due regard to all stakeholders, not just shareholders. The Report on Corporate Governance for Mauritius states that “Corporate Governance is now a question of recognising the relationship between a corporation and stakeholders and dealing consistently on a holistic basis to align the different interests of each group”. And it is an essential role of the board to identify all the corporation’s stakeholders.

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