Many AIM-listed companies are still not transparent enough with their shareholders, with 60% still not disclosing results of board votes, says a new report produced jointly by the Quoted Companies Alliance (QCA) and UHY Hacker Young, the national accountancy group.

The QCA/UHY Hacker Young AIM Good Governance Review 2021/22 highlights that AIM companies have made progress on improving corporate governance over recent years. However, significant room for improvement remains in how many boards communicate with shareholders about their activities and effectiveness.

Nearly two thirds (60%) of AIM companies do not disclose the outcome of votes in a clear and transparent manner.