Amidst heightened awareness regarding environment, social and governance (ESG) investment impact considerations by global equity investors, the increasing staff counts amongst proxy and governance representatives of global institutional asset owners, and the continued mainstreaming of ethical investment mandates, the 2019 Australian shareholder voting season was expected to be considerably contentious.

Irrespective of the expectations for a volatile AGM season, institutional shareholder voting outcomes reveal a case of same-old, same-old.

This article provides a review of 2019 shareholder voting season outcomes and ongoing governance-related considerations for Australian listed company boards and senior managers. It was first published in the February 2020 issue of Governance Directions, the official journal of the Governance Institute of Australia

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