PROXY VOTING ONLINE
The AGM is the primary annual forum at which a company can
communicate and interact with its shareholders. The exercise of that vote in
an informed way lies at the heart of the regulation and promotion of good
corporate governance.
As shareholder awareness and involvement increases, the voting process
gathers more importance where all votes are a powerful tool that can be
used to make investors opinions count.
The electronic proxy voting is "gaining rapid global popularity over the past
years, and is becoming a global standard of best practices for good
corporate governance and proactive investor relationship development."1
In addition to the benefit of providing efficient voting outcomes, other
major benefits to the company include
- Cost savings on printed communication
- Ability for shareholders to vote without being physically present at the meetings improving overall communication with the investors
1. Global Rankings monthly newsletter Jan 2009
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