What changes have been made by the company

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Australia's "two strikes" rule empowers shareholders to vote on a board spill if the remuneration report of a public company receives 25% or more dissenting votes for two consecutive years. "Say on pay" legislation has been introduced in several countries but the Australian version is unique.

Problem 1: After receiving the first "strike" in 2011, what changes have been made by the company in terms of dividend payment according to the 2012 annual report? Discuss your findings.

Reference no: EM132693848

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