Thursday, September 14, 2006
ACGA Proxy Voting Survey
The Asian Corporate Governance Association will release its 2006 proxy voting survey entitled, "Voting for Change: Bringing Proxy Voting Systems in Asia into the 21st Century", soon. Be watching the ACGA's web site for publication of the survey. According to the ACGA, "the report examines the many impediments to effective and efficient voting in the region and makes a series of practical recommendations for companies, investors, regulators and custodians to implement" and "includes a detailed survey of the voting experiences of major institutional investors in 11 Asian markets and three benchmark economies--Australia, the UK and the US. It finds Hong Kong the clear leader in Asia, but well behind the benchmark markets."