Companies: Meetings
(asked on 8th October 2020) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government what assessment they have made of the impact of annual company meetings being closed to physical attendence on the ability of small shareholders to hold companies to account.
Answered by
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 22nd October 2020
BEIS officials have worked closely with colleagues in the Financial Reporting Council (FRC) which, on 6 October, produced a report entitled, “AGMs: An Opportunity for Change”. The report examines the impact the coronavirus pandemic has had on company behaviour and shareholder experience over the course of the 2020 AGM season.