Authors: H. Jaap Van Den Herik, Svetla Pencheva
Addresses: Leiden University, The Netherlands. ' Leiden University, The Netherlands
Abstract: Since our society entered a new stage in its development, many scholars perceive that modern means of communication can facilitate the shareholders| participation and so may improve corporate governance. We expect that a virtual meeting of shareholders (i.e., with no physical attendance) actually have immediate rewards. In this paper, we determine the legal and technological issues for conducting a shareholders| meeting using such modern means of communication. We introduce a theoretical model of a virtual shareholders| meeting along with the Dutch and Delaware perceptions that are incorporated in laws. From our analysis, we may conclude that a virtual meeting of shareholders has a large prospective.
Keywords: corporate governance; information technology; ICT; shareholder meetings; information society; shareholders; shareholder participation; communications; virtual meetings.
International Journal of Technology Transfer and Commercialisation, 2007 Vol.6 No.2/3/4, pp.121 - 130
Published online: 16 Apr 2008 *Full-text access for editors Access for subscribers Purchase this article Comment on this article