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Business Scotland: 25/04/2015

25/04/2015

BBC Radio Scotland - Business Scotland, 25/04/2015

Gillian Marles reports on the boardroom battle at Dundee investment house Alliance Trust.

On the programme this week Business Scotland looks at the bitter boardroom battle at the Dundee investment house Alliance Trust. It's under attack from Elliott Advisors, a US investor. Elliott says Alliance's chief executive, Katherine Garrett-Cox, has been regularly overpaid for poor financial performance. Alliance has hit back saying it performs well in comparison to its peers and has accused Elliott of short-termism. Business Scotland hears from both sides. The UK Shareholders Association tells the programme of its campaign to get more rights. And it speaks to one of Scotland's most experienced businessman, Lord Smith about his role in the boardroom of some of the country's biggest companies.

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