| Published by Rory Maguire
Each year, ASIC monitors the AGMs of the ASX 200 companies in order to detect key emerging trends and corporate governance issues, and to monitor the extent to which AGMs are used to facilitate shareholder engagement. Good corporate governance and board/management accountability are key concerns of ASIC, who see AGMs as playing an important role in “providing a forum for shareholders to critically assess a company’s business strategies and future prospects” and “hold(ing) the board and company management accountable for a company’s performance”.
2017 AGM Report Highlights
A copy of ASIC’s report on the 2017 AGM season can be accessed here. Some of the key findings of the report were:
Diversity and ESG
Effectiveness of AGMs
Please contact Rory Maguire on (03) 8602 7246 or Rohan Harris on (03) 9609 1522 from our Corporate and Commercial team should you require further information or advice in relation to shareholder meetings or other corporate governance matters.
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