AGM season is in full swing and these days it is no longer certain that shareholders will back all the resolutions set out by a company. Nearly all the resolutions are passed but sometimes a significant minority of shareholders revolts.
If a company does not take note of the revolt, then it can grow in subsequent years. For example, there was a 21.5% vote against the latest remuneration report of veterinary practices operator CVS Group (LON: CVSG). The previous year there was a 11.1% vote against the same resolution and the year before it was 0.69%.
Government assistance has helped many...
