Shareholders’ greed


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  • Friday, 13 Mar 2015

Sarawak Bank Employees’ Union protest against HSBC ZULAZHAR SHEBLEE / THE STAR

I RECEIVED several interesting responses to my column last week. I had written on the need to increase wages to boost the economy and I mentioned that there are studies showing that for every ringgit earned in Malaysia employees get 28 sen, the company 67 sen and the government 5 sen (through tax).

It spurred an interesting debate – how much shareholders’ returns is enough? Some readers said that investors must be suitably rewarded for taking risks and starting a business while another irate reader claimed that shareholders’ returns were higher than the interest rate charged by loan sharks!

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Opinion , East Malaysia , lo

   

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