Directors versus Shareholders: evaluating corporate governance in the UK using the AGM scorecard
This paper explores the role of the annual general meeting (AGM) in the mediation of tensions between the board of directors of a company and its shareholders. An evaluative framework is developed for assessing whether directors at any particular AGM appear to be making the meeting inclusive for the shareholders. Consideration is made at first of the place of the AGM as a corporate governance device, concluding that in recent times shareholder voting on resolutions and questioning of the board exhibit important features of self-governance as opposed to external regulation. A scoring system is then developed for assessing whether an AGM favours the company or the shareholders, using twelve criteria to rank them. The results of observations of 22 AGMs over recent years in five industrial sectors are then analysed and assessed, with reasons for high and low scores being suggested. Copyright (c) 2007 The Author; Journal compilation (c) 2007 Blackwell Publishing Ltd.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 15 (2007)
Issue (Month): 6 (November)
|Contact details of provider:|| Web page: http://www.blackwellpublishing.com/journal.asp?ref=0964-8410&site=1|
|Order Information:||Web: http://www.blackwellpublishing.com/journal.asp?ref=0964-8410&site=1|
When requesting a correction, please mention this item's handle: RePEc:bla:corgov:v:15:y:2007:i:6:p:1277-1287. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.