Expert Corporate Governance Service (ECGS)
EUR 500.00 For Business Accounts Only

JC Decaux - AGM 16 May 2019

ITEM 11: Last year, the 2018 executives remuneration policy was not described in the
Annual Report, but shareholders were able to acknowledge a press release published in
the Governance section of the company’s website
remunerationautitredelexercice2018_0.pdf) which presented amounts and structure at
stake. For 2019, neither the Annual report, nor such a press release comprise this
information. This lack of information is not acceptable for a SBF120 company which
belongs to the major European indexes.

ITEMS 13 and 14: This lack of disclosure is also noticed in the 2018 granted
remunerations: the company is one of the rare SBF 120-companies that do not disclose
achievement rates per annual bonus financial criterion. This does not allow shareholder
to properly understand annual bonuses granted.

JCDecaux S.A.

JC Decaux specializes in outdoor advertising. Co.'s business mainly consists of the sale of advertising space for these activities: Street Furniture, Transport Advertising and Billboard. The Street Furniture segment covers the advertising agreements relating to public property entered into with cities and local authorities. It also includes advertising in shopping centers, renting of street furniture, sale and rental of equipment, cleaning and maintenance. The Transport Advertising segment covers advertising in airports, subways, buses, tramways and trains. The Billboard segment covers advertising on private property and neon-type activity.


Founded in 1995, Proxinvest is an independent proxy firm supporting the engagement and proxy analysis processes of investors. Proxinvest mission is to analyse corporate governance practices and resolutions proposed at general meetings of listed firms.

Proxinvest main services are :

  • ​Proxy reports
  • Definition and monitoring of client customized voting guidelines
  • Corporate Governance Data and Rating
  • Thematic research
  • Engagement support

Proxinvest has been a pioneer and champion of good corporate governance and has grown into a recognised expert in the field.

Proxinvest is independently-owned and only works for investors : Proxinvest does not provide consulting services to the companies it covers, mitigating related risks to its clients and ensuring the independence of our analysis. As a result Proxinvest is able to take a robust, independent, engaged and unconflicted view of the companies in which our clients invest.

As Managing Partner of Expert Corprate Governance Service Ltd (ECGS), Proxinvest has built a large network of corporate governance experts to support clients in corporate governance analysis worldwide. 

Expert Corporate Governance Service (ECGS)

Other Reports on these Companies
Other Reports from Proxinvest
Other Reports from these Analysts

ResearchPool Subscriptions

Get the most out of your insights

Get in touch