Online shareholder meetings: corporate law anomalies or the future of governance?

I. INTRODUCTION

Individual shareholders with a small stake in corporations rarely attend annual shareholder meetings. (1) Whether they are reluctant to part with the time and money to travel to the meetings, or they believe that their vicinity is unlikely to impact the proceedings, the reasons for shareholders' lack of participation are debatable. (2) Large individual shareholders and institutional investors thus watch to comprise most of the audience at annual shareholder meetings. (3)

In 2000 Delaware changed its shareholder meeting statute to permit corporations to grasp their annual meetings solely upon the Internet. This Note analyzes the amended statute, the common ...