Taiwan’s hybrid AGMs open up to foreign investors but concerns about shareholder rights remain
- Taiwan – like many other markets – introduced virtual and hybrid annual general meetings during the COVID-19 pandemic.
- We’re concerned that virtual events have become normalised and believe that it’s hard to achieve the interaction, engagement and transparency of physical events.
- Foreign investors have faced particular issues and whilst some challenges have been addressed more needs to be done to facilitate access.
- We’ve attended many virtual meetings and offer our perspective on the experience. Meetings can be open to confusion and language can be an issue.
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While having the virtual option certainly increases attendance accessibility for shareholders at AGMs, the fairness and impact on shareholder rights have been called into question.
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