The Investment Association (IA) is writing to members of the FTSE All-Share who received 20% of votes against a resolution or withdrew a resolution in 2017 to ask how they have tackled these shareholder concerns.
The names of companies that have been contacted will appear on the IA-hosted Public Register of shareholder votes which will go live later this year, as announced this summer by the UK government.
The letter is being sent to firms in the FTSE All-Share who received votes of 20% against any resolution or withdrew a resolution this year.
It will give them an opportunity to provide a public explanation on how they have since addressed their shareholders' concerns since the shareholder vote, before the Public Register goes live.
A link to the companies' responses will be included alongside voting data as part of the Public Register, which aims to focus attention on firms that have seen considerable shareholder dissent and track whether and how they are addressing those concerns.
Chris Cummings, CEO of the IA, said: "Shining a light on how companies are addressing shareholder concerns is key to holding businesses to account.
"The Public Register, which for the first time will bring together information on shareholder voting with responses from companies, will encourage greater accountability and ultimately change company behaviour.
"We look forward to seeing companies' public responses on the actions they have taken to address the shareholder concern since their meetings before the Public Register goes live at the end of the year."
Business Minister Margot James MP, added: "While the majority of British companies put responsible practices at the heart of their business, including ensuring pay is in line with performance, there are some that fail to address their shareholders' concerns about bosses' pay.
"This register will help to hold those companies to account, as well as giving them a platform to demonstrate what they are doing to address those concerns."
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