Shareholder Engagement with Boards of Directors - Part 1
19 March, 2013 | (01 hr)
There is increasing pressure for greater shareholder engagement in the U.S., the U.K., throughout Continental Europe (reinforced by recent proposals by the European Commission) as well as in India (reinforced by recent SEBI proposals). Part I of this webcast series focuses on procedures for companies and shareholders to conduct director/shareholder engagement. It is followed on 11 April 2013 at 1500 CET by Part II, which focuses on the issues suitable for discussion between shareholders and directors/chairmen versus those issues normally discussed between investors and management.
While discussions between investors and management most likely have occurred within a certain comfort zone of process and behavior, companies now face significant challenges in structuring director/shareholder communications including deciding on the processes to follow in having face-to-face meetings with investors. Moreover, these processes must be informed by knowledge of the investor base. This includes the fact that investors vary significantly in their characteristics (public or governmental pension funds, corporate pension funds, insurance investment arms, mutual funds, hedge funds, etc.) as well as in their objectives and methods of communication. For example, some investors embrace the U.K. Stewardship Code which provides an (evolving) engagement structure, while others are more individualistic in their director/shareholder engagement strategies.
Part I includes an overview of the followings:
- The distinction between types of communication more traditionally held between investors and management versus evolving communication between investors and directors/chairman;
- The benefits to the company of director/shareholder engagement;
- The perceived risks of such communication; and
- “Best practice” procedures for effective director/shareholder engagement with specific examples of companies that have accomplished effective communication.
To listen to the recording of Part II also, please click HERE.
Who should attend:
Chairmen, Non-Executive Directors, Executive Directors, CEOs, Chief Legal Counsel, Corporate Secretaries, Corporate Governance Officers, Secretaries to Boards of Directors, Risk Officers, Human Relations Executives, Investor Relations Executives, Institutional Investors
John C. Wilcox
John C. Wilcox is chairman of Sodali Ltd, a global consultancy providing companies and boards with services relating to corporate governance, shareholder relations, corporate actions and the capital markets. From 2005 to 2008 he served as senior v... Full Bio
Guy has a career spanning merchant banking, corporate finance, venture capital and fund management in London, New York and his hometown of Edinburgh. Before taking up his present role, Guy was Head of Standard Life Investments’ Smaller Compa... Full Bio
Dr. Carolyn Kay Brancato
Dr. Carolyn Kay Brancato has more than 30 years experience in various aspects of corporate finance, regulatory economics and corporate governance. In 1993 she founded The Conference Board’s Global Corporate Governance Research Center and in ... Full Bio