Annual General Meeting Research Articles

The Compliance of Limited Liability Companies to Conduct Annual General Meeting of Shareholders

The presence of the Company Law in Indonesia is a form of the government's special attention to the Company as one of the pillars of Indonesia's national economic development. Some regulations in the Company Law are recommendations, but some are orders that must be implemented. One of them is the agenda of the Annual General Meeting of Shareholders which is regulated in Article 78 paragraph (2) of the Company Law as a mandatory activity that has been neglected by the closed Companies. The Purposive sampling technique is used in this juridical-empirical research supported by interviews with several companies’ organs. The authors present the results of the research in descriptive form supported by analysis using the theory of legal effectiveness from Soejono Soekanto and the theory of sociological jurisprudence from Eugen Ehrlich. Through this research, the authors found a lack of information received and a low understanding by business actors especially in the obligations of the Annual General Meeting of Shareholders. This makes business actors underestimate the Annual General Meeting of Shareholders. Actually, it has a good influence on the Company in financial transparency and accountability for the performance of the Board of Directors and Board of Commissioners of the Company to shareholders. Government contributions are needed through various relevant institutions, such as the Ministry of Law and Human Rights of the Republic of Indonesia and Notary Public to implement the Annual General Meeting of Shareholders as mandated in the Company Law.

Impact of the COVID-19 pandemic on corporate governance practices

The COVID-19 crisis has had an impact on every aspect of human life, including business. Many industries ground to a halt, and some businesses had to resort to liquidation. In this context, corporate governance was not spared the effects of the pandemic either, as the crisis almost paralyzed the entire business ecosystem. Therefore, this research aims to determine the most affected area of companies’ corporate governance and examine how companies changed their corporate governance structure in response to the COVID-19 crisis to ensure the survival of their business. Thirty-seven publicly listed companies were selected as the samples of the study. Their annual reports were analyzed using a qualitative data analysis technique. The results showed that the majority of companies had to transfer their Annual General Meeting (AGM) or/and Extraordinary General Meeting (EGM) to an online platform, while the shareholders were required to vote electronically. Moreover, some companies had to revise their budget, revisit their strategic plan, reduce director fees, send their directors for additional training, or conduct board evaluations online.

Scottish Cardiac Society: 31st Annual General Meeting, 16-17 September 2022.

Scottish Cardiac Society: 31st Annual General Meeting, 16-17 September 2022.

SHAREHOLDER ACTIVISM AND PUBLICATION OF ANNUAL GENERAL MEETING MINUTES ONLINE: EVIDENCE FROM MALAYSIAN LISTED COMPANIES

This study primarily examined the role of Minority Shareholder Watch Group (MSWG), regarded as an advocate for shareholder activism in Malaysia, in encouraging management to take actions in shareholders’ interests by making minutes of annual general meeting (AGM) available electronically. Shareholder activism was assessed through companies monitored by the MSWG and through shareholder participation based on percentage of issued shares that voted at the AGM. The paper utilised secondary and proprietary data. Based on a sample of 261 firms that conducted their AGM in 2017, we found that 43% firms disclosed comprehensive AGM minutes, 24% firms only disclosed summary of key matters discussed and for the rest, no AGM minutes were uploaded on their corporate websites. From the sample, 34% of firms were under the radar of the MSWG. We found that firms targeted by MSWG were significantly associated with detailed disclosure of AGM minutes. However, shareholder participation through ownership voted at the AGM did not yield a significant association. The prevalence of controlling blocks in Malaysian firms may contribute to this result. Overall, the result supports the notion that institutionalised shareholder activism is an effective way to reduce agency problems and information asymmetry between controlling shareholders, management and minority shareholders. Finally, the study limitations and direction for future research are briefly discussed.

Excerpts from the Minutes of the 70th FNCB Annual General Meeting Friday 3rd March, 2023

Excerpts from the Minutes of the 70th FNCB Annual General Meeting Friday 3rd March, 2023

Atlantic Geoscience Society Abstracts: 49th Annual Colloquium and General Meeting, February 3 and 4, 2023

Atlantic Geoscience Society Abstracts: 49th Annual Colloquium and General Meeting, February 3 and 4, 2023

Councilor’s Meeting/General Assembly of Members at the 47th Annual General Meeting of the Japanese Society for Investigative Dermatology (JSID)

Councilor’s Meeting/General Assembly of Members at the 47th Annual General Meeting of the Japanese Society for Investigative Dermatology (JSID)

Minutes of the Virtual Annual General Meeting 9 December 2022

Minutes of the Virtual Annual General Meeting 9 December 2022

The Next Generation: Ethernet-APL for Safety Systems

This paper reflects the content of the presentation “The Next Generation: Ethernet-APL for Safety Systems” at the NAMUR Annual General Meeting 2022. It deals with the use of the Ethernet Advanced Physical Layer (Ethernet-APL) in combination with the PROFINET/PROFIsafe protocol for safety applications. It describes the virtues of the digital communication between the field and safety system. In parallel the aspect of OT security for this use case is touched as well. The paper proposes a secure architecture, where safety- and non-safety field communications are still separated. At the end a set of requirements for the development of future APL devices is described.

Abstracts of the 54th Annual General and Scientific Meeting of the Association of Psychiatrists in Nigeria (APN), KANEM 2023.

This book of abstracts encapsulates the collective insights and research findings presented at the 54th Annual General and Scientific Meeting of the Association of Psychiatrists in Nigeria (APN), held from 26th November to 1st December 2023, at the Professor Emeritus Umaru Shehu Centre for Mental Health and Psychosocial Support, Federal Neuropsychiatric Hospital, Maiduguri, Nigeria. Centred around the theme "National Mental Health Reforms: Prospects and Strategies of Implementation of the National Mental Health Act 2021," the conference engaged over one hundred and thirty professionals in a vital discourse on mental health reforms in Nigeria, touching on subthemes like 'Brain Drain, Brain Gain and Brain Circulation' and 'Post-conflict Resettlement and Stabilization.' The compilation features twenty-six diverse abstracts from national and international experts, covering a wide range of psychiatric subspecialties including Addiction Psychiatry, Biological Psychiatry, and more. This collection serves not only as a testament to the vibrant exchange of ideas at the conference but also as a valuable resource for advancing psychiatric practice and patient care in Nigeria and beyond.

Selected Abstracts Presented At The Annual General Meeting And Scientific Conference Of The Society For Gastroenterology and Hepatology in Nigeria (Soghin), Enugu, July 2023

Selected Abstracts Presented At The Annual General Meeting And Scientific Conference Of The Society For Gastroenterology and Hepatology in Nigeria (Soghin), Enugu, July 2023

Machine learning models can predict subsequent publication of North American Spine Society (NASS) annual general meeting abstracts.

Academic meetings serve as an opportunity to present and discuss novel ideas. Previous studies have identified factors predictive of publication without generating predictive models. Machine learning (ML) presents a novel tool capable of generating these models. As such, the objective of this study was to use ML models to predict subsequent publication of abstracts presented at a major surgical conference. Database study. All abstracts from the North American Spine Society (NASS) annual general meetings (AGM) from 2013-2015 were reviewed. The following information was extracted: number of authors, institution, location, conference category, subject category, study type, data collection methodology, human subject research, and FDA approval. Abstracts were then searched on the PubMed, Google Scholar, and Scopus databases for publication. ML models were trained to predict whether the abstract would be published or not. Quality of models was determined by using the area under the receiver operator curve (AUC). The top ten most important factors were extracted from the most successful model during testing. A total of 1119 abstracts were presented, with 553 (49%) abstracts published. During training, the model with the highest AUC and accuracy metrics was the partial least squares (AUC of 0.77±0.05, accuracy of 75.5%±4.7%). During testing, the model with the highest AUC and accuracy was the random forest (AUC of 0.69, accuracy of 67%). The top ten features for the random forest model were (descending order): number of authors, year, conference category, subject category, human subjects research, continent, and data collection methodology. This was the first study attempting to use ML to predict the publication of complete articles after abstract presentation at a major academic conference. Future studies should incorporate deep learning frameworks, cognitive/results-based variables and aim to apply this methodology to larger conferences across other fields of medicine to improve the quality of works presented.

Minutes of the Annual General Meeting 2022: [as approved on January 5, 2023

Minutes of the Annual General Meeting 2022: [as approved on January 5, 2023

Minutes of the 2023 Annual General Meeting

Minutes of the 2023 Annual General Meeting

Minutes of the Annual General Meeting 2022: [as approved on January 5, 2023

Minutes of the Annual General Meeting 2022: [as approved on January 5, 2023

Abstracts of the Annual General Meeting of the Enugu State Nigeria Medical Association, 2022

Abstracts read at the 2022 Annual General Meeting of the Enugu State Nigeria Medical Association Scientific Session.

Inaugural Address

Ladies and Gentlemen: It is my pleasure and honour to address the distinguished gathering of economists, social scientists, intellectuals and renowned personalities from within and outside the country on the occasion of the 19th Annual General Meeting of the Society. This has become an important event in Pakistan where economists and social scientists sit together and deliberate on various issues facing developing economies in general and Pakistan’s economy in particular. The Pakistan Institute of Development Economics (PIDE) deserves our appreciation for holding such a conference on a regular basis. In fact, I have been using this platform for the last four years to apprise the nation about the progress we have been making on the economic front and about the policies we have been pursuing. I intend to do the same today.

Budgetary Reforms for Growth and Poverty Reduction in Pakistan (The Mahbub-ul-Haq Memorial Lecture)

Webster’s Dictionary defines institution as “an established order, principle, law or usage as an element of organised society or of civilisation”. There are other interpretations of this term, depending upon the context for which the term is needed. For the purposes of the theme of this 19th Annual General Meeting of the Pakistan Society of Development Economists (PSDE), “Institutional Change, Growth and Poverty”, I find this well-crafted Webster Dictionary definition to be appropriate and adequate. There is now strong recognition that institutional reforms are necessary to sustain rapid growth and poverty reduction in developing countries. However, it is first necessary to identify and specify what these institutional reforms are. A number of systematic efforts to define institutions in an analytical context have been undertaken. For example, the World Development Report (WDR) 2002 of the World Bank focused on “Building Institutions for Markets” as the core theme of the report.1 There has been emphasis on aspects of institutions in other WDRs as well, including in the WDR 1997 on the Role of the State,2 the WDR 2003 on Environment,3 and the most recent WDR 2004 on Service Delivery.4 Each of the WDRs builds on the analysis of earlier WDRs and provides analysis of the institutional context of the development challenge in concrete terms to make associated reforms implementable. This is indeed a laudable effort and provides a fairly rich analytical base over which one can build on to move the institutional reform agenda forward.

Inaugural Address

Excellencies, Distinguished Guests, Ladies and Gentlemen, Assalam-o-Alaikum and Good Morning It is a privilege to be in your midst today in the Annual General Meeting and Conference of the Pakistan Society of Development Economists. This is the fourth time in my seven years of public life here that I have the opportunity of interacting with such a distinguished gathering of economists, academicians, and scholars at this forum. I cannot help but think about my first interaction with this gathering 7 years ago. It was the 15th AGM of PSDE in November 1999. I had assumed responsibility as Finance Minister a few weeks ago and I took the opportunity to present a roadmap to this very audience. I am happy to return today to tell you what we have been able to achieve, the challenges we face and our plans for the future. I expect you—the research community— to help us in preparing better policies to support the progress that we have made so far. The economists present here know the story of our progress intimately so I will not go into any details. You would recall that seven years ago, our country was in the middle of a major crisis. Our economy was in dire straits. The state of governance left much to be desired. We were also isolated with mounting tensions on our borders. We have come a long way since then!

Inaugural Address

Prof. Syed Nawab Haider Naqvi, Dr M. Ghaffar Chaudhry, Distinguished Guests, Ladies and Gentlemen: It is a privilege for me to inaugurate the Fourth Annual General Meeting of the Pakistan Society of Development Economists. I am pleased to note that within only five years of its existence the Society has evolved into a prestigious forum for a free and precious exchange of ideas among economists and policy-makers. I am told that through these annual general meetings 74 papers on various topics have been prepared and published, and that, in its Lecture Series on Development Economics, eminent international economists and demographers have read papers on leading issues in economics and demography. The literature created under the aegis of the Society furnishes useful insights into the functioning of the economy and has contributed to the comprehension of the problems of almost all areas of Pakistan's economy - agriculture, industry, trade, resource mobilization, etc. I am happy to note that the Society has helped to promote a scientific and pragmatic approach in policy-formulation and economic decision-making, and has enabled us to think systematically about the nature of the challenges posed and faced by Pakistan's economic development and about the response to this challenge.