I thought this was an interesting read:
http://www.buseco.monash.edu.au/mbr/assets/issue-five/independent-directors.pdf
I guess another possible solution would be to try and appoint some independent directors to the board, to ensure that the company is being run to benefit shareholders and that there is more transparency. Maybe the guys running Jervois Vision 2009 could try and get themselves elected as independent directors (?) - just a thought.
conversation with melanie leydin, page-12
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