Annual General Meeting (AGM) – the annual meeting of the interested shareholders of the company.
At the annual general meeting (AGM), the directors of the company present the financial results of the company, and the shareholders vote on the issues under consideration.
Shareholders who do not attend the meeting in person can usually vote by proxy, which can be done online or by mail.
At the annual general meeting, shareholders often have time to ask questions to the directors of the company.
Activist shareholders may use the AGM as an opportunity to voice their concerns.
Evaluation costs are the fees a company pays for discovering defects in its products before they are delivered to customers; they are a form of quality control.
The articles of association can be seen as a user manual for the company, defining its purpose and outlining the methodology for carrying out the necessary day-to-day tasks.
When a company or government agency buys or leases existing manufacturing facilities to launch new manufacturing activities, this is called an investment in existing facilities.
The Code of Ethics sets out the ethical principles of the organization and the best practices to be followed with respect to honesty, integrity and professionalism.