Business Terms: Annual General Meeting (AGM)

Annual General Meeting
This is a popular term for large companies gathering together with investors and stakeholders to explain what the company has accomplished during the year. All companies except very small companies are obliged to do this. Investors are very much interested in knowing how their money is spent.
It is true that stakeholders and investors already have the figures or the facts. But now, the AGM gives the opportunity for networking and actually seeing how the company is doing.