Policy EditorCompliance Dashboard

Policy Compliance Dashboard

Backtest

How would each voting policy have performed against 1,782 historical NZX AGM resolutions? Compare detection rates, false positive rates, and category breakdowns across 8 policy presets.

1,782

Resolutions Tested

1,732

Passed

Failed

2026, 2025, 2024, 2023, 2022, 2021

Years

Preset Comparison

Governance Philosophies

Policy	FOR	AGAINST	REFER	Detection	False Pos	True Pos	Missed
NZXplorer	43.3%	18.4%	38.3%	48%	18.5%	8	26
Conservative	28.7%	36.6%	34.7%	58%	37%	12	21
Progressive	35.7%	29.0%	35.2%	54%	29.3%	10	23
Permissive	57.2%	5.6%	37.1%	44%	5.4%	6	28

NZ Fund Manager Policies

Policy	FOR	AGAINST	REFER	Detection	False Pos	True Pos	Missed
ISS NZ	45.1%	17.4%	37.5%	46%	17.5%	7	27
NZ Super	42.9%	19.0%	38.1%	52%	19.1%	8	24
Russell NZ	42.9%	19.2%	37.9%	52%	19.3%	8	24
Vanguard	44.9%	17.9%	37.2%	46%	18%	7	27

Detection Rate vs False Positive Rate

Ideal policy: high detection (top) with low false positives (left). The trade-off between catching failures and over-flagging passing resolutions.

25%

50%

75%

100%

10%

20%

30%

40%

False Positive RateDetection Rate

Governance Philosophy

Fund Manager Policy

About this dashboard

Each policy preset is backtested against all 1,782 NZX AGM resolutions with recorded vote outcomes (2026, 2025, 2024, 2023, 2022, 2021). The rule engine classifies resolutions into 8 categories and applies configurable threshold-based rules to generate FOR/AGAINST/REFER recommendations.

Detection Rate = % of failed resolutions flagged (AGAINST + REFER). False Positive Rate = % of passed resolutions incorrectly flagged AGAINST. True Positive = AGAINST on a resolution that failed.

Edit Policy Thresholds Dissent Tracker

Data sourced from publicly available records. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.