Report
Jehanne Leroy
EUR 500.00 For Business Accounts Only

JC Decaux - Assemblée générale des actionnaires du 16 mai 2019

Rémunérations :
Contrairement à l'année dernière, la société n'a pas publié de communiqué séparé sur son site présentant les éléments de rémunérations pour 2019. Ainsi, aucune information sur les montants et structures en jeu n'est disponible, ce qui ne permet pas à l'actionnaire de voter en toute connaissance sur la politique de rémunération 2019. Cette pratique est très surprenante de la part d'une société du SBF 120 et appartenant aux plus grands indices européens. En raison de cette absence de communication, nous ne soutenons pas la résolution 11.


Ce manque de communication se retrouve également pour les rémunérations attribuées en 2018 puisque la société est l'un des rares sociétés du SBF 120 à ne pas communiquer les taux de réalisation de chacun des critères financiers. Ce manque d'information ne permet pas de comprendre les montants attribués et donc de voter de façon éclairée sur les bonus attribués aux dirigeants. En raison de ce manque de communication, nous ne soutenons pas les résolutions 13 et 14.

Underlying
JCDecaux SA

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.

Provider
Proxinvest
Proxinvest

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. 

Analysts
Jehanne Leroy

Other Reports on these Companies
Other Reports from Proxinvest

ResearchPool Subscriptions

Get the most out of your insights

Get in touch