Virtual(-only) shareholders' meetings in Italian listed companies : quo vadis?
Federico Raffaele
The article focuses on the legacy, if any, once the pandemic crisis is over, of the Italian emergency legislation re: the participation in the shareholders' meeting by means of telecommunications, with particular attention to the regulation of listed companies. Specifically, the topic of virtual(-only) meetings is addressed with a view both to investigating the reasons for their scarce use by Italian listed issuers, and to understanding whether the ability to intervene remotely can become a default rule in Italy. To this end, after analyzing the peculiarities of the Italian legal system - which, de facto, have limited the "virtualization" of the meetings, given that, inter alia, in the absence of a specific express provision in the by-laws, a virtual-only meeting appears not to be admissible under Italian law -, possible solutions de lege ferenda that may justify a "generalized" regime of virtual meetings in the Italian system will be illustrated.
Year of publication: |
2023
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Authors: | Raffaele, Federico |
Published in: |
Corporate governance and research & development studies : CGR&DS. - Napoli : FrancoAngeli, ISSN 2723-9098, ZDB-ID 3183009-2. - 2023, 1, p. 131-139
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Subject: | shareholders' meeting | virtual-(-only) | Italian listed companies | technology | Aktiengesellschaft | Listed company | Italien | Italy | Aktionäre | Shareholders | Corporate Governance | Corporate governance | Hauptversammlung | Annual general meeting | Eigentümerstruktur | Ownership structure |
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