31.07.2020

Digitalization of General Meetings of Stock Corporations (Part 1), LR 2020, 209-218, 30th July 2020

Digitalization has had a tremendous impact on all aspects of our modern legal systems. Computerization started to influence corporate law as early as the advent of the Internet. Since then, there has been a constant move towards digitalization of general meetings of stock corporations. The Covid-19 pandemic has contributed its own share to this ongoing development. The risk of infection with the coronavirus has forced lawmakers around the world to allow stock corporations to take their general meetings online. These legislative measures are mostly of temporary nature. The question arises, however, whether the future of general meetings will be all-digital. In this context, various aspects need to be considered such as the exercise of shareholders’ rights, the functioning of the stock corporation and cost-benefit considerations.

Part 1 of the three-part essay Digitalization of General Meetings of Stock Corporations https://legal-revolution.com/de/the-legal-revolutionary/recht-der-digitalen-wirtschaft/digitalization-of-general-meetings-of-stock-corporations-part-1 explores the foundations of the digitalization of general meetings of stock corporations. These foundations form the basis for understanding the current Covid-19 regulations.