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The answer lies in hybrid conferences – conferences that permit both of those virtual and in-human being attendance have the advantages of each sorts and steer clear of the adverse features inherent in virtual-only conferences. Hybrid conferences guard the legal rights of shareholders to show up at in person and directly interact with and keep to account management as well as the board – to become heard, unmediated and devoid of considerations of censorship – whilst retaining the main advantages of elevated shareholder participation which can occur as a result of virtual AGMs.
Presumably to handle this sort of criticisms, the amendments proposed in Ontario’s Business Corporations Act stipulate that virtual-only shareholder meetings should be held in this type of fashion that permits all folks entitled to attend the Conference to “fairly take part.” Sadly, what’s considered fair will range depending on your standpoint, and at virtual-only conferences only the company has the tools to impose its standpoint about the proceedings.
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