Jump to ContentJump to Main Navigation
Fair SharesThe Future of Shareholder Power and Responsibility$
Users without a subscription are not able to see the full content.

Jonathan Charkham and Anne Simpson

Print publication date: 1999

Print ISBN-13: 9780198292142

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198292142.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 23 January 2021



(p.205) Chapter 20 The AGM
Fair Shares

Jonathan Charkham

Anne Simpson

Oxford University Press

This chapter discusses the annual general meeting (AGM). The choice of a year as the period between company meetings is a reflection of the ways of nature and the tyranny of the seasons, rather than any particular logic dictated by the needs of any organization. An organization needs to review its aims and objectives from time to time — the apotheosis of introspection. The management review process and decision-taking are both short and long term depending on the issues in hand. This leads to two conclusions: the periodic general meetings are and always have been about stewardship — in any kind of organization. In those with an economic purpose like a company, accounts are an indispensable way of quantifying the competence of the stewardship, though they are not its only measure; the cycle of business operations, which by no means fits into regular cycles of precisely one year is made to adapt to it by accounting alchemy — accruals and deferrals, and depreciation.

Keywords:   annual general meeting, AGM, meeting, management review, stewardship

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .