Former Australian Stock Exchange Board Chair Maurice Newman says burdensome regulations and growing social responsibilities are preventing companies from going public.
Mr Newman on Thursday expressed nostalgia about a time many people owned a piece of their company and said "we’re going to lose that.". He said part of the problem was the social responsibility increasingly required of businesses - to the "detriment of risk-taking". "What we're seeing is a growing number of new generation directors who are into virtue signalling.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Poor snowflake. Society doesn't need to be bullied by corporate clowns - regulations exist FOR A REASON and ARE A GOOD THING! Libertarian private-school-boy neoLiberal Party Voters in their real estate/finance/business jobs wouldn't know from their McMansions...
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
It has become ‘bad for business’ to criticise China | Sky News AustraliaSky News host Andrew Bolt says it has become a “pathetic” trend among companies and governments alike, primarily in the West, to not criticise China because it has become “bad for business”. \n\nMr Bolt said the 'West' is “part of the problem”, and has become “too weak, too dozy and too greedy to stand up to this fast-growing menace”.\n\n“The dictator in Beijing must be laughing….as President Xi Jinping crushes all dissent and flexes China's power,” he said. \n\nMr Bolt was critical towards the Australian government for not responding by providing “the kind of armed forces we need… as the defence minister admits that China and technology are not waiting for Australia”.\n\nImage: Getty I guess FauxMo is not anti globalism like he'd like his followers to believe. Andrew himself is at times pathetic,,he should be on whinging radio,,just as bad for doing nothing!
Source: SkyNewsAust - 🏆 7. / 78 Read more »