Open Access
Subscription Access
Open Access
Subscription Access
Electronic Initiatives in Corporate Governance:A Study of Shareholders’ Perspective in India
Subscribe/Renew Journal
The electronic initiatives have been introduced by MCA in India and have been partially adopted by the companies as well. However, the provisions related to virtual meetings, which have not been mandated by the regulations yet, have not been brought to practice by organizations in India. This study undertakes to discuss various e-initiatives in India including electronic delivery of documents, virtual shareholder meetings, electronic voting, and to analyze the role of such initiatives in enhancing and ensuring better corporate governance from the shareholders’ viewpoint. Such initiatives are bound to impact the participation level of shareholders and their role in the companies and thus, it is important to know and analyze their opinions. For the purpose of evaluating shareholder’s outlook and perception, a questionnaire was framed and circulated amongst shareholders. A total of 301 shareholders responded and their responses have been assessed using various statistical tools.
Keywords
Virtual Shareholder Meetings, E-Voting, E-Delivery of Document, Corporate Governance, Shareholders.
User
Subscription
Login to verify subscription
Font Size
Information
- Austin, B. and Milligan, M. (2011). Online Participation in Shareholder Meetings- How Could it Work? Corporate HQ Advisory Newsletter.
- Birnhak, D. A. (2003). Online Shareholder Meetings: Corporate Law Anomalies or the Future of Governance. Rutgers Computer and Technology Law Journal.
- Boros, E. (2004a). Virtual Shareholder Meetings. Duke Law and Technology Review , 3 (1), 1-10.
- Boros, E. (2004b). Virtual Shareholder Meetings: Who Decides how Company Makes Decisions? Melbourne University Law Review , 28.
- Burns, B. and Burns, R. (2008). Business Research Methods and statistics using SPSS. London: Sage Publications
- Forbes Insights (2009). Business Meetings: The Case for Face-to-Face. New York.
- Chandrasekaran, S. (2011). MCA Green Initiative- Competent Company Secretaries to extend Investors’ Services. Chartered Secretary , 41 (9), 1232-1236.
- George, J. (2011). E-voting Revolution- In Pursuit of Better Corporate Governance. Chartered Secretary , 41 (6), 751-753.
- Kobler, G. P. (1998). Shareholder voting over the internet: A proposal for increasing shareholder participation in corporate governance. Alabama Law Review , 49 (2), 673-700.
- Kothari, V. (2014). Getting to Grips with E-voting in General Meetings. Chartered Secretary , 44 (7), 872-878.
- The Best Practices Working Group for Online Shareholder Participation in Annual Meetings (2012). Guidelines for protecting and enhancing online shareholder participation in annual meetings. available at http://www.calstrs.com/CorporateGovernance/shareholder_participation_annual_meetings.pdf, retreived on 12th June, 2013.
- Sharma, J. P. (2011). Corporate Governance, Business Ethics, and CSR. Delhi: Ane Books Pvt. Ltd.
- Zetzsche, D. A. (2005). Corporate Governance in Cyberspace- A Blueprint for Virtual Shareholder meetings. Center for Business and Corporate Law Research Paper Series (CBC- RPS) No. 0011, available at http://ssrn.com/abstarct=747347, retreived on 15th June, 2015.
Abstract Views: 208
PDF Views: 0