With schools, sporting events, and many businesses shut down in an attempt to slow the spread of coronavirus with âsocial distancing,â many companies are scaling back or entirely eliminating in-person shareholder events and transitioning to virtual meetings instead.
Most public companies have historically held in-person meetings, providing an opportunity for shareholders to make sure management can hear their concerns. But this year, several high-profile companies have already announced entirely virtual meetings, and many others have said theyâre considering doing the same. As of publication, meeting announcements from corporations and proxy advisers â in addition to government orders of interaction to stem the spread of the virus â were changing by the hour.