One another drawback is in these companies the minority proposals are not heard. If the opinion of the Director of key …show more content…
In 1984 he bought the Daily Mirror Newspaper. In 1991 ,fell off his yacht in the Canary Island. Soon it was revealed he used his company company funds for his personal use. Then there was company known as Bishopsgate Investment Management Ltd in which Robert’s son Ian Maxwell was a director. Ian Maxwell signed share transfers to Maxwell Group from his company for no consideration. Those shares were kept for the company pension plans. When other found about this they sued Ian Maxwell and they wanted the compensation for the value of those