Shareholders of Australian companies are showing their muscle in this year’s proxy season with significant opposition votes over the governance of retailer Harvey Norman and a rejection of executive pay at the Commonwealth Bank of Australia.

The Australian Shareholders

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Ardent Leisure Logo

Australian entertainments group, Ardent Leisure, held its AGM just two days after an accident at its theme park Dreamworld in which four people died and two children were injured on a river rapids ride. The out-going chairman, Neil Banaves, …

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Peter Ritchie

Mortgage Choice (ASX:MOC) chairman, Peter Ritchie, has resigned abruptly, raging at proxy advisors for “damaging Australian business” after another bruising shareholder revolt at last week’s AGM.

Close to 80% of the Australian firm’s independent shareholders voted against the …

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CG Watch 2016, a survey of 12 major Asia-Pacific markets and 1,027 Asian companies has ranked Singapore as Asia’s top corporate governance (CG) performer followed by Hong Kong, Japan, Taiwan, Thailand, Malaysia, India, Korea, China, Philippines and Indonesia.

The …

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The Australian Institute of Company Directors (AICD) is supporting reforms of the traditional company AGM system. The Australian federal government’s consultation has just ended on proposals to allow electronic forms of communication as the default method of providing shareholders with …

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With the peak AGM season taking place in the next two months, Manifest’s analysis suggests investors may be concerned about the remuneration practices at  some of the UK’s biggest companies holding their AGMs on 14th April.

Mining company, Rio Tinto …

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Shareholders in Australian companies are now more likely to have their votes taken on a poll by default instead of the traditional show of hands. Two-thirds of companies targeted by a global collaborative investor initiative have moved towards using polls, …

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Australian human rights campaigners are warning investors of the risks Spanish multinational infrastructure operator, Ferrovial, could face if its takeover bid of Australian firm Broadspectrum is approved. This company  is the Australian government’s lead contractor in the operation of its …

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Nearly $A30 million in payouts to departing chief executives (CEOs) helped to increase the pay of the 300 highest-earning Australian CEOs by 5%, who for the first time will receive an average pay packet of more than $3 million a …

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The Australian federal government has mooted a draft bill which, if it succeeds, will remove the right of a 100 shareholders to call an extraordinary general meeting (EGM).

According to the announcement from Mathias Cormann, acting assistant treasurer, the draft …

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