§ 35. Mr. Spriggsasked the President of the Board of Trade if he will seek powers to give all shareholders the right to vote on all major matters affecting the enterprise in which their money is invested.
§ Mr. JayI am not convinced that this is necessary. The Jenkins Committee recommended that, if directors are to manage their companies efficiently, they must, within broad limits, have a free hand to do what they consider best in the interests of the company.