ALEX BRUMMER: Sky's nodding dog directors embarrass themselves once again
As good an executive as James Murdoch may have been at satellite broadcaster Sky his reappointment as chairman in January was always going to be a huge mistake.
It cocked a snook at Britain's rigorous corporate governance code.
Now he has received a bloody nose from nearly 30 per cent of shareholders, which hardly represents a vote of confidence given that family-controlled Twenty-First Century Fox has a chunky 39.1 per cent of the shares.
Sky's nodding dog directors, headed by the normally combative deputy chairman Martin Gilbert, have embarrassed themselves and Sky.
Governance maven... read more
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