Moderne Formen der Generalversammlung im revidierten Aktienrecht 2020

The revision in 2020 of the Swiss law on companies limited by shares (Aktiengesellschaft) as created the legal basis for modernizing the annual general meeting (AGM) of shareholders of limited companies, also making it more flexible. Today’s electronic means of communication have opened up new possibilities for how AGMs can be conducted. Especially in large corporations, but also in smaller companies whose shareholders live far away from electronic tools can bring relief and reduce costs. The use of electronic means can encourage the active participation of shareholders in AGM proceedings. This strengthens the role of the AGM in facilitating internal decision-making and good corporate governance in limited companies. It also ensures legal certainty while conducting an AGM, prevents distorted decision-making, and provides an effective format in which shareholders can exercise their participatory rights. Multilocation AGMs (i.e., conducting an AGM at more than one location) are now…