BNP Paribas awarded first prize for “shareholder democracy” by Agefi
08.07.2008 | Group
On 25 June 2008, Agefi, one of France's leading financial newspapers, handed out its top awards for Corporate Governance. For the 5th year in a row, Agefi recognized the best listed companies in France for the quality of their corporate governance.
The first prize for “shareholder democracy” was awarded to BNP Paribas, which was also the only bank to receive a top award.
The winners of the “shareholder democracy” prize are judged according to the following criteria:
- Free and fair voting rights assured at general shareholders meetings: no limiting of voting rights and the absence of double voting rights.
- The availability and distribution of information prior to the general meetings: annual report, presentation of resolutions, etc.
Agefi's Corporate Governance titles are awarded on the basis of the results obtained from a perception survey conducted by finance professionals. The reference period is one year, from 1 April 2007 to 31 March 2008.