Online Voting available now!
SharesInside is proud to be able to announce a joint venture with Simply Voting.
Online voting is now available so your shareholders can vote from anywhere in the world – even on the go!
Elections are an important part of association governance and if you work for a public company, you might be contemplating the best way to organize and execute voting at your next AGM.
Well-run and transparent elections are the hallmark of ethical associations. Open voting reinforces transparency and integrity in organisations’ governance processes and can add significantly to your ESG status. A requirement that is becoming more important with Shareholder activism on the rise.
Open, convenient and effectively promoted voting also helps encourage member participation and engagement. A high participation rate in elections generally indicates a healthy association and shareholder satisfaction. It is important that owners have a say in their companies and the best way to do this is to vote at AGM’s however, high participation in these events is impossible when dealing with a diverse and global shareholder base. Online Voting will make it easier for everyone and ensure that shareholders can contribute at this important time without the frustration of going through a huge meeting pack that comes in the mail and is inconvenient for both the issuer and the share owner.
When combined with effective and regular communication, a great impact can be made to the process of AGM’s as shareholders are informed and up to date not only with the topics to be voted on, but why they have arisen. This in turn means shareholders are much more likely to vote in favour of managements suggestions, especially so when they trust management as a result of being informed, up to date and engaged by the company on a regular basis.
To outline just a few of the benefits of Online Voting,
Fast, accurate results. With online voting there are no rejected, mismarked or invalid ballots. Results are automatically calculated, eliminating the need for manual tabulation and dreaded recounts. Computerized tabulation allows election managers to quickly announce decisions and results.
Shareholder engagement. Online voting demonstrates a corporation’s commitment to connecting with Shareholders. It shows the corporation is staying relevant and is dedicated to keeping in touch.
Eco-friendly. Web-based balloting conserves resources by reducing the amount of paper associated with an election. Paper ballots, envelopes, flyers, and other paper collateral are either moved to electronic format or eliminated. This is particularly important if your Shareholders are sensitive towards your environmental footprint.
Cost effectiveness. Online voting reduces election budgets by limiting production costs. Paper, printing, and postage costs are all significantly lower for online elections than for traditional voting methods. In addition, staff will save time because online elections eliminate the need to assemble ballot packages and manually tabulate votes.
Empowerment. Voting is the most powerful way for members to have a voice in the leadership and direction of their association. When allowed to vote in fair and open elections, members feel a greater sense of value, ownership, and responsibility. Online elections help empower Shareholders of companies by making voting easy and convenient.
Accessibility. Online voting allows Shareholders to access their ballots from anywhere at any time, provided they have an Internet connection. This makes casting a vote convenient and fast. Members can cast their votes from home, from work or “on the go” via their mobile devices.
SharesInside is now proud to be able to add Online Voting to our list of services, one that really highlights our dedication to provide the most simple and effective communication methods for both listed companies and Investors worldwide
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