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Electronic Initiatives in Corporate Governance: A Study of Shareholders Perspective in India

Journal of IMS Group

Volume 13 Issue 2

Published: 2016
Author(s) Name: Nidhi Kapoor | Author(s) Affiliation: Assistant Professor, Kalindi College, University of Delhi, Delhi
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Abstract

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 shareholders 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.

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