As with any data, interpretation is in the eye of the beholder, and this chart certainly falls into THAT category.
The glass half-full cranial lobe weighs this as over forty percent of investors have attended ( either live or online ) an annual shareholder meeting. This audience wants to see your management.
Tangible performance numbers are just one side of an investment for many shareholders. Obviously many like to reaffirm their investment at your annual shareholder meeting: to sense the intangible “confidence aura” from your CEO and Board that past performance WILL BE a guarantee of future returns.
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Great place to connect with other shareowners. Chatting with company employees often helps get a better sense of the corporate culture.
I’m interested to know who participated in this survey. Retail? Institutional? Both? Starbucks has huge attendance at our annual shareholder meeting — but it’s nearly entirely retail.
Hello Joann – the data is heavy long-term individual investors, 80% i would say, which seems inline with your comment.
That’s right, James. It’s more marketing that “investoring.”
I would bet it has a lot to do with the type of company. I have seen companies like public utilities have hundreds at their meetings and the same for the “big names.” Then for a small company I worked with we were thrilled when one woman showed up. She sat in the back of the room and fell asleep!
You need to serve stronger coffee!
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