Business, Economics and Legal scholars have all argued about the
theoretical importance of annual general meetings in assessing
business shareholder relations and wider issues of corporate
governance, but often without knowing how the AGM functions in
practice. Anne Lafarre combines wide ranging empirical legal and
economic research to analyse and understand the real role of the
AGM in the European businesses and corporate governance frameworks
today. Focusing on seven European member states (Austria, Belgium,
France, Germany, Ireland, the Netherlands and the UK) the author
persuasively explores how the impact of legal rulings and business
pressures effects shareholder representation in European AGMs and
their propensity to affect change through these forums. Drawing
wide ranging data sets to challenge existing economic and legal
theory, the author presents practical conclusions and future policy
implications.
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