In today’s briefing:
- This Revision to Corporate Governance Codes Could Be Perceived as Defending Outdated Practices
This Revision to Corporate Governance Codes Could Be Perceived as Defending Outdated Practices
- With the unwinding of cross-shareholdings now irreversible, the company is keen to maintain its defensive stance. This defensive stance is aimed at managing the shareholders’ meeting.
- 81% of companies with fiscal years ending in March held their AGMs over a four-day period in late June, while only 1.6% of AGMs allowed for online questions and voting.
- While calls for AGM disclosures in annual securities reports were expected to help break with past conventions, only two companies changed record dates to postpone AGM dates to July.
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