Front Cover -- The Agm in Europe: Theory and Practice of Shareholder Behaviour -- Copyright Page -- Contents -- Acknowledgements -- List of Abbreviations and Legislation -- Part I: Introduction -- 1 The Law & Economics of the AGM -- 1. Introduction -- 1.1. Outline of This Chapter -- 2. The Agency Theory and Corporate Governance -- 3. The AGMâ#x80;#x99;s Theoretical Role -- 4. The AGM in Practice -- 4.1. Rational Apathy and Free-Rider Problems -- 4.2. Lack of Dialogue -- 4.3. Side-Stepping Behaviour and Other Problems -- 4.4. â#x80;#x98;Dull Ritualsâ#x80;#x99
5. Shareholder Control5.1. The Efficiency Argument -- 5.2. Doctrinal Theory and Shareholder Democracy -- 5.3. Shareholder Control and Efficiency -- 6. The Outline of the Book -- Notes -- Part II: The AGMâ#x80;#x99;s Legal Outline -- 2 The European Framework of Shareholder Rights -- 1. Introduction -- 1.1. Outline of This Chapter -- 2. The Shareholder Rights Directive -- 2.1. Procedural Rights -- 2.2. Shareholder Proposals and Calling a Meeting -- 2.3. The Right to Ask Questions -- 3. Capital Directive -- 4. Other Directives
5. Current European Framework of Shareholder Rights6. Current Developments: The New Shareholder Rights Directive -- 7. Conclusion -- Notes -- 3 The National Level of Shareholder Rights: Procedural and Information Rights -- 1. Introduction -- 1.1. Outline of This Chapter -- 2. Meeting Organization: AGMs and EGMs -- 3. Participation Procedures -- 4. Voting Procedures -- 4.1. Other Voting Methods -- 5. Forum Rights at the National Level -- 5.1. The United Kingdom -- 5.2. Ireland -- 5.3. The Netherlands -- 5.4. Germany -- 5.5. Austria -- 5.6. France
5.7. Belgium5.8. Charter Provisions -- 6. Ownership Information Rights -- 7. Concluding Remarks -- Notes -- 4 The National Level of Shareholder Rights: Decision-Making Rights -- 1. Introduction -- 1.1. Outline of This Chapter -- 2. Shareholder Proposals -- 3. The Agenda of the AGM -- 3.1. Corporate Elections -- 3.2. Say-on-Pay Resolutions -- 3.2.1. Remuneration Report -- 3.2.2. Remuneration Policy -- 3.2.3. Incentive Schemes and Share Grants -- 3.2.4. Supervisory and Non-Executive Remuneration -- 3.2.5. Other Say-on-Pay Rights -- 3.2.6. Overview
3.3. Share Capital Resolutions3.3.1. Capital Increases -- 3.3.2. Waiver of Pre-emption Rights -- 3.3.3. Buyback Own Shares -- 3.3.4. Cancelling Shares and Reducing Share Capital -- 3.4. Amendments to the Articles -- 3.5. Annual Accounts -- 3.6. Dividends -- 3.7. Discharge -- 3.8. External Auditor -- 3.9. Notice Period for General Meetings (The United Kingdom and Ireland) -- 3.10. Related-Party Transactions -- 3.11. Enterprise Agreements (Germany) -- 3.12. Other Resolutions -- 4. Concluding Remarks -- Notes -- Part III: Descriptive Analyses of the AGM
Summary
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
