I am grateful to Professor L. S. Sealy of Gonville & Caius College Cambridge for his invaluable advice and comments, and to Graham Kirkwood and Peter and Catherine Boros for their encouragement and support. I also thank The Shell Company of Australia Limited, the Committee of Vice-Chancellors and Principals of the Universities of the United Kingdom which administers the Overseas Research Awards Scheme, and the Trustees of the W. M. Tapp Fund at Gonville & Caius College Cambridge for their generous financial sponsorship of the research which formed the basis for this book.
I thank the Australian Stock Exchange Limited, and The Controller of HMSO and the Central Statistical Office for kindly allowing the reproduction of their tables of share ownership of listed companies in Australia and the United Kingdom respectively.
I received assistance in gathering information for this book from numerous sources. Especial thanks are due to the Association of British Insurers, the Australian Investment Managers' Association, the Institutional Fund Managers' Association, the Institutional Shareholders' Committee, J. B. Were & Son, Korn/Ferry Carré Orban International, Pensions & Investment Research Consultants Limited, Pro-Ned Australia, Pro-Share, the Legal Division of Shell International Petroleum Company Limited, the Panel on Takeovers and Mergers, The Australian Shareholders' Association, The National Association of Pension Funds Limited, Mr Bruce Dyer of Monash University, Ms Belinda Fehlberg of Melbourne University, Mr M. J. Heffernan of the Australian Stock Exchange Limited and Mr Henry Bosch AO.
I was very fortunate to have had access to the resources of, and the help of the librarians at the Squire Law Library in Cambridge, and the law libraries of the University of Adelaide, the University of Melbourne and the Institute of Advanced Legal Studies. Sincere thanks must also go to the partners and librarians at Blake Dawson Waldron in Melbourne.
I also wish to thank my publishers for all their help.
Melbourne E. J. B.
24 May 1995