Abstract

GONZALEZ, Gina-Paola; GUZMAN, Alexander; PRADA, Francisco  and  TRUJILLO, María-Andrea. Corporate governance practices at Annual general meetings in listed firms in Colombia. Cuad. Adm. [online]. 2014, vol.27, n.49, pp.37-64. ISSN 0120-3592.

This study analyzes the Annual General Meetings (AGM) under the corporate governance approach, taking in care the meetings for year 2012 of 11 Colombian firms which represent more than 50% of COLCAP. Referencing the Apostolides' AGM scorecard and the guidelines of the Country Code, are presented assessment indexes with respect to these meetings. The results show that in the AGM pay too little attention to some relevant aspects as the voting process, the composition and remuneration of the board members, the disclose information about the candidates for the board and the AGM transmission via the internet. On the other hand, it is given more importance to refreshments, stationery and office supplies, flyers and the location the AGM takes place.

Keywords : Corporate governance; Annual general meetings; minority shareholders.

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