Australian Shareholders' Association (ASA) is an Australian not-for-profit organisation which advocates for the rights of retail shareholders. Founded in 1960 in Sydney, ASA provides educational resources and professional learning opportunities for its members, who are largely independent small-scale investors.
Industry groups and committees
The ASA represents shareholder and member interests on the following industry groups and committees: • AASB Disclosure Initiative Project Advisory Panel • ASIC Consumer Advisory Panel (CAP) • ASIC Regional Liaison Committee • ASX Corporate Governance Council • ASX CHESS Replacement project • ATO Individual Stewardship Group • Business Reporting Leaders Forum (BRLF) • Corporate Reporting Users Forum • Security Registrars Association of Australia ==Achievements==
Achievements
ASA claims the following achievements, among others: • advocating for regulatory reform, including the introduction of the 'two strikes rule', which requires non-managing directors of public companies to be immediately re-elected if two consecutive AGMs vote down their remuneration package • being the dominant voice at AGMs as the voice of retail shareholders • encouraging directors of public companies to reduce their board workload to reasonable levels, allowing them to focus on the boards on which they remain ==Membership==
Membership
As of the end of 2020, ASA had 5,001 members, up slightly from the end of 2019. ==Leadership==
Leadership
ASA is led by CEO Rachel Waterhouse, and is overseen by a board of directors. Board of directors The board of directors is composed of: • Steven Mabb (2020- present; was appointed Chair 2022) • Michael Jackson • Richard Goldman • Julieanne Mills • Karl Schlobohm • Anthea Cudworth • Geoff McClelland • Eve Tusa ==Footnotes==