Director Briefing: The future of AGMs
The future of the AGM.
Has the AGM reached its use-by date or can its useful life be extended?
A recent survey shows 47 per cent of direct investors have never been to an AGM, whilst a third of directors in the latest Director Sentiment Index consider the annual general meeting system in Australia to be dysfunctional.
The biggest shift in sentiment about AGMs has occurred over the last few years which begs the question - is it broken or can it be mended?
Join colleagues and peers as sought after speaker Steven Cole FAICD, Managing Director, Cole Corporate, discusses the future of the AGM in the context of:
• Its original governance purpose
• Shareholder gains / losses over recent decades
• Common criticisms of AGMs
• Contemporary issues and thoughts to revive its utility
• The rise of shareholder activism