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Home > QFINANCE Dictionary > Definition of annual general meeting

Definition of

annual general meeting

Corporate Governance

stockholders' yearly business meeting a yearly meeting at which a company's management reports the year's results and stockholders have the opportunity to vote on company business, for example, the appointment of directors and auditors. Other business, for example, voting on dividend payments and board/stockholder-sponsored resolutions, may also be transacted.

Related definitions of "annual general meeting"

Recommended Further Reading (Term count)
  • The “Comply or Explain” Approach to Improving Standards of Corporate Governance
    by Sir Christopher Hogg
    Sir Christopher Hogg was Chairman of the Financial Reporting Council from 1 January 2006 to 1 May 2010. He began his career in industry with Courtaulds in 1968, going on to become Chief Executive in 1979, executive Chairman from 1980, and non-executive Chairman from 1991 to 1996. He was a non-executive director and subsequently Chairman of Reuters Group (1984-2004), SmithKline Beecham and then GlaxoSmithKline (1993-2004), and Allied Domecq...
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Definitions of ’annual general meeting’ and meaning of ’annual general meeting’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’annual general meeting’ and other financial terms with our online QFINANCE Financial Dictionary.

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