Sparks to fly at future AGMs

Listed companies' annual general meetings are set to become far more entertaining in future thanks to the new recommendations for increasing shareholder activism announced today by the Institutional Shareholders' Committee. The committee has developed the recommendations for institutional investors to ensure they take a keener interest in their investments, including stepping in where necessary to make sure that companies whose shares they own are being managed correctly. Encouraging shareholder activism is the industry's response to government threats to legislate regulations...