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Mixed response to Higgs.
(From Financial Director)
Initial responses to the Higgs review are mixed. The CBI gives the report its backing, but expressed concerns that the proposal to give major shareholders the right to meet non-execs could create "damaging divisions" within boardrooms.
The Association of Chartered Certified Accountants (ACCA) says that requirements set out in the Higgs report will present problems for smaller companies, especially as it ...
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