Tuesday 18 September 2012

Australia: the AGM and shareholder engagement - CAMAC discussion paper published

The Corporations and Markets Advisory Committee has published a discussion paper titled The AGM and Shareholder Engagement: see here (pdf). There is much of interest in this wide-ranging discussion paper, which focuses on three core issues: [1] the role of the AGM as part of the relationship between the board and shareholders; [2] the content of the annual report considered at the AGM; and [3] the current functioning of the AGM and its future function and format. A useful summary of the questions asked in the discussion paper is provided in the accompanying press release.

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