Authors: Adam Bogdanor, Tessa Hastie
Over the last few years, there have been a number of legislative and regulatory changes which, together with other proposed changes, have affected the planning and running of an AGM. These include changes to the UK Corporate Governance Code and new regulations on narrative reporting and executive remuneration. Alongside these, there have been numerous consultations and reviews, some of which are still ongoing. A key theme of these reviews is the need to reverse the perceived culture of short-termism, and to promote effective risk management and internal control systems and encourage collective shareholder engagement, as highlighted in the recommendations of the Kay Review of UK Equity Markets and Long-Term Decision Making (July 2012).
The purpose of this guide is to summarise the key legislative and regulatory issues companies should consider when preparing and conducting their AGM. This guide also examines themes from 2013 AGMs and possible changes on the horizon. The customisable content contains some checklists for reference.
This guide is only relevant to UK companies with a premium listing of equity shares on the Main Market of the London Stock Exchange at the time of writing (2014) (except where the guide specifies otherwise).
Includes the following customisable materials:
Please note this is a digital only title and not available in hard copy.