A report in today's Sydney Morning Herald contains some interesting data on shareholder voting in Australia and information on forthcoming AGMs where significant votes against company remuneration reports are expected. The report notes that "Last year was a watershed for protest votes on remuneration. Among the top 200 companies, a record number of eight 'no' votes of more than 50 per cent were recorded...".
Monday, 12 October 2009
Australia: shareholder voting
A report in today's Sydney Morning Herald contains some interesting data on shareholder voting in Australia and information on forthcoming AGMs where significant votes against company remuneration reports are expected. The report notes that "Last year was a watershed for protest votes on remuneration. Among the top 200 companies, a record number of eight 'no' votes of more than 50 per cent were recorded...".
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