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The Times

Earnings announcements at an AGM can reflect a corporate power play, not necessarily a company’s true value

  • Written by Nelson Ma, Associate Professor, corporate governance, innovation, University of Technology Sydney
Earnings announcements at an AGM can reflect a corporate power play, not necessarily a company’s true valueAnton Gvozdikov/Shutterstock

With reporting season in full swing, many ASX-listed companies are releasing their financial results to the market.

These results are used to cast judgement on the performance of the company, led by the chief executive officer (CEO). Amid all the information released by the company, there is one figure all eyes will...

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