Corporate Governance Development with E-voting Services
https://doi.org/10.26794/2404-022X-2020-10-2-74-87
Abstract
The paper discribes the method of remote voting at shareholders meetings via the Internet. The methodology of the study is based on the theory of agent costs. It means that costs associated with the exercise of control are important to investors within making investment decisions. The author considers conditions to the digitalization of voting processes: the Russian legislative framework; Internet access in the country; development of digital voting services; the provision of remote voting services by registrars and the Information Disclosure Center of JSC National Settlement Depository. The paper presents results of the analysis of the practice of using electronic voting services in Russian public companies. It has been proved that the creation of the Internet voting infrastructure has contributed to the activity growth of shareholders’ participation in Annual General Meetings. This, in turn, has a positive effect on the quality of corporate governance in these companies. The theoretical and practical significance of the study is to generalize the practice of using electronic voting technology in Russian corporations.
Keywords
corporate governance,
Annual General Meetings,
electronic voting,
Online Voting (i-voting),
digital voting services
Supporting agencies: The study was carried out with the financial support of the Russian Foundation for Basic Research (RFBR) in the framework of the scientific project No. 19–010–01042
About the Author
B. S. Bataeva
Financial University
Russian Federation
Russian Federation
Bela S. Bataeva — Dr. Sci. (Econ.), Associate Professor, Department of Corporate Finance and Corporate Governance
Moscow
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Review
For citations:
Bataeva B.S. Corporate Governance Development with E-voting Services. Management Sciences. 2020;10(2):74-87. (In Russ.) https://doi.org/10.26794/2404-022X-2020-10-2-74-87
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