Visibility and proactive shareholder engagement is the key to quelling investor dissent and getting your company on the front foot for the AGM season.
Corporate governance remains high on the business agenda. The media spotlight on the impact of business on the environment has sharpened while perennial boardroom issues such as executive remuneration and director overboarding continue to cause unease with shareholders amidst an uncertain macroeconomic climate.
However, changes in UK company law and the UK Corporate Governance Code have now empowered dissatisfied shareholders more than ever before. Resolutions which receive more than 20% of votes against require the company to explain what actions it will take to engage shareholders to comprehend the reasons behind the negative reaction. I
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