2 items, ordered by date.

1. Letter, dated 16 December 1991, from Brian Houlden, Warwick Business School

Letter concentrates on the role and behaviour of institutional shareholders, summarises UK investment in R& D, capital investment and takeovers with the funds now coming from the banks.

2. Letter and comments, dated 14 July 1992, from Allen Sykes

Comments on the need for independent directors, institutional investors.

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