With continued declining attendance and voting, the thought leadership committee of the Institute of Chartered Secretaries and Administrators (ICSA) has released a paper and video highlighting the various perceived issues facing issuers in different markets.
As would be expected, relevant law, regulation and practice can vary between markets. There are common themes identified, both in relation to the role of the AGM as the mechanism for shareholder engagement, and the potential solutions to the identified issues.
Through this report, ICSA is looking at the adoption of technological solutions to these common problems. In particular, the adoption of hybrid meetings is seen as increasing opportunity for all shareholders to engage, promoting long-term ownership retention and streamlining administrative processes.
The report and video can be found here.