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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This practice used to be the norm because companies said they wanted to limit the effect of sokaiya, or corporate extortionists who disrupt shareholders meetings, but today, more companies are scheduling their meetings at different times.