Shareholder Meeting

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Shareholder Meeting

Any meeting in which the shareholders of a publicly-traded company discuss and vote on matters pertaining to the company. At a shareholder meeting, the company may present its financial reports. Shareholders also may ask questions of the board of directors. Publicly-traded companies are required to have at least one such meeting each year; management may also call an extraordinary general meeting at its discretion.
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It voted against 15 out of 150 management proposals at shareholders' meetings last year and aims over the next couple of years to build a structure enabling it to screen out troubled firms with two yardsticks: earnings and corporate-governance standards.
Take the case of the shareholder resolution for the disclosure of director remuneration, which KO made at the Sumitomo Bank shareholders' meeting in 2000.
Stalking the corporate corridors
SHAREHOLDERS' MEETINGS (Mainichi Daily News, as translated from the Japanese-language Mainichi Shimbun)
Japanese editorial excerpts -5-

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