The competition, which was launched in 2016 in memory of Tom Morrison FCIS, an active member and past president of ICSA, encourages new thinking and recognises original approaches to governance. In 2017, essays demonstrating an original perspective were sought on the following topic:
‘The Annual General Meeting is an important governance process for the members of an organisation. It can ensure transparency, provide updates and give members an opportunity to vote on a range of matters. New meeting technology and virtual attendance products offer the potential to change the format of the AGM. With particular reference to governance, discuss the relevance, future development and challenges of the AGM.’
The winner of this year’s Tom Morrison Essay Prize met the brief in challenging conventional thinking, looking widely at the organisational and international aspects of the AGM and its role in corporate governance. Although acknowledging the potential offered by new technology and electronic participation in the AGM, the essay focused on the substantive issues of meeting the UK Corporate Governance Code’s emphasis on ensuring accountability – with particular emphasis on the election of directors, the role of board evaluations and executive remuneration policies. Read the essay here.
This year’s runner-up explored the difficulties inherent in the current format of the AGM, particularly with the low degree of shareholder engagement. The essay examined the potential of using technology to run ‘virtual’ AGMs and questioned the extent to which this would improve accountability and transparency before concluding that the future might lie in holding ‘hybrid’ AGMs, combining traditional physical meetings with additional online access. Read the essay here.
Congratulations to our winners, and we look forward to the next competition in 2018.
The Tom Morrison Essay Prize is now closed. Thank you to all who submitted an entry.
The competition launched in 2016 in memory of Tom Morrison FCIS, who was an active member of ICSA and a highly regarded and influential member of the share registration industry. Tom was known for challenging received wisdom and encouraging new thinking and essay submissions that demonstrate an original perspective are being sought.
A first prize of £1000 is on offer, plus a runner up will also receive £500. Entries should be 2,000-2,500 words in length.
Governance professionals worldwide are increasingly called upon to help organisations perform optimally and to achieve sustainability. The Tom Morrison Essay Prize encourages new thinking and recognises original approaches to governance.
Winning will give you recognition among your peers as a thought leader and impress your boss and future employers. You will also be financially better off. There is a top prize of £1000 and a runner-up prize of £500.
Winners will also be invited to attend a prize giving ceremony in London in May 2017.
If you need help with your entry or require any clarification, please contact Maria Brookes on +44 (0)20 7612 7072 or via email firstname.lastname@example.org.
Please read the following to ensure your entry meets the minimum requirements.
Essays will be judged on:
The judges will also take into account:
When writing your essay, you might like to consider the following: