Investors up votes of contention from past year
The number of British companies facing material dissent from investors at their shareholder meetings jumped in the first half of the year.
There also was votes against individual directors doubling from 2017.
Ninety-four companies were added to the Public Register - which lists companies that saw opposition of more than 20 percent on any vote or which withdrew a resolution - in the year to June 8, trade body the Investment Association said.
The IA, whose members manage nearly 7 trillion pounds in assets, set the register up after a major review into corporate governance by the government last year, in the wake of growing discontent about corporate culture and behaviour.
At the midway point of the season for annual general meetings of companies in the FTSE All-Share index .FTAS, the IA said a total of 140 individual resolutions had seen votes against of more than 20 percent, while 14 were withdrawn.
Published: by Radio NewsHub