E-Proxy Implementation in General Meeting of Shareholders for Public Companies in the Pandemic Era Covid-19
- DOI
- 10.2991/assehr.k.201209.287How to use a DOI?
- Keywords
- E-Proxy Implementation, General Meeting of Shareholders, Public Companies, Pandemic Era Covid-19
- Abstract
The Financial Services Authority (FSA) has issued a policy for public companies that will hold a General Meeting of Shareholders (GMS). This was done as an impact on Covid-19 Pandemic in terms of e-proxy or electronic authorization. The FSA policy addresses problems for shareholders that cannot attend the meeting due to the State’s policy on social and physical distancing. In the concept of general civil law, the Power of Attorney may be verbal, such as requesting people to sign their name on a document, or it may be done in writing. In its development, this authorization was carried out electronically conducted, including in a GMS called e-proxy. Therefore, this paper aims to review and address legal issues relating to the application of e-proxy in the GMS using the normative judicial method. It described the basis of the statutory approach as stated in article 1792 of the Civil Code: “Power of Attorney is written authorization to represent or act on another’s behalf in private affairs, business or some other legal matter”. One of the matters in public company activities is the General Meeting of Shareholders. Those entitled to attend are shareholder, or the representatives.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Sudiyana PY - 2020 DA - 2020/12/14 TI - E-Proxy Implementation in General Meeting of Shareholders for Public Companies in the Pandemic Era Covid-19 BT - Proceedings of the 2nd International Conference of Law, Government and Social Justice (ICOLGAS 2020) PB - Atlantis Press SP - 209 EP - 216 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.201209.287 DO - 10.2991/assehr.k.201209.287 ID - 2020 ER -