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Most Publicly Traded Companies Take Negative View on Abolition of Shadow Voting Scheme

Most Publicly Traded Companies Take Negative View on Abolition of Shadow Voting Scheme

SEOUL, Oct. 27 (Korea Bizwire) — As many as 60 percent of publicly traded companies said in a survey that they would be under pressure to hold general shareholders meetings after the “shadow voting” scheme currently exercised by the Korea Securities Depository on behalf of shareholders not in attendance to meet the quorum. Shadow voting [...]