“I have heard from some guys towards the bottom of the list who are not very happy. But, in many cases, they’re taking a constructive approach and trying to figure out how they can improve.

Michael Webber says his new transparency rankings for owners are already paying dividends.

“Yes, it’s related, but it’s related in favour of whom? So [Webber] doesn’t analyse if a related transaction is in favour of myself or in favour of a public shareholder.”

Polys