Victoria University

The Annual General Meeting as an Accountability Mechanism

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Show simple item record Cordery, Carolyn Joy 2007-11-21T00:41:53Z 2007-11-21T00:41:53Z 2005 2005
dc.description.abstract This review of Annual General Meetings (AGMs) as they evolved historically in English parishes and early joint-stock companies shows the manner in which they provided valuable opportunities to fulfil organisational accountability. AGMs enabled members to call elected governors to account and, in generating forums for organisational construction, supplied models which were foundational in early company law. As faceto- face meetings, AGMs were heterogeneous and presented non-financial information to augment publicly available financial information. Whilst low attendance at AGMs indicates apathy and modern technological advances may enable their replacement, recent calls to revise the legal requirement for an AGM have not gained traction. This paper therefore suggests a recommitment to the process of AGM accountability as practised in early public sector and profit-oriented organisations. This will enable today’s organisations to utilise the potential of the AGM as a formal and transparent mechanism to deliver accountability. en_NZ
dc.language.iso en_NZ
dc.publisher Victoria University of Wellington en_NZ
dc.relation.ispartofseries No. 23 en_NZ
dc.relation.ispartofseries Working Paper en_NZ
dc.subject Organisational management en_NZ
dc.subject Performance review en_NZ
dc.subject Stakeholder participation en_NZ
dc.subject Organizational management en_US
dc.title The Annual General Meeting as an Accountability Mechanism en_NZ
dc.type Text en_NZ
vuwschema.contributor.unit Centre for Accounting, Governance and Taxation Research en_NZ
vuwschema.contributor.unit School of Accounting and Commercial Law en_NZ
vuwschema.subject.marsden 350100 Accounting, Auditing and Accountability en_NZ
vuwschema.subject.marsden 350200 Business and Management en_NZ
vuwschema.type.vuw Working or Occasional Paper en_NZ

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