Xero has its Aussie cake and eats its Kiwi cake too
No Aussie remuneration vote rule for Xero
Jenny Ruth Fri, 17 Aug 2018
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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