2013 NAPF AGM Report
NAPF reviews the 2013 AGM season.
This is the first of what will become an annual report from the NAPF looking back at the AGM season in advance of updating its Corporate Governance Policy & Voting Guidelines for the subsequent year. In this report, alongside some positive examples, we highlight the small number of companies where shareholders have felt compelled to express their dissatisfaction for a second successive year.
While not passing judgment, we do expect these companies to reflect on their shareholders’ concerns and introduce appropriate changes next year.