Barron’s Quotes Jason Koenig on Shareholder Concerns Around Annual Meetings
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For its article “Shareholders Say Companies Are Using New Tactics to Muzzle Them,” Barron’s quoted Akin shareholder activism partner Jason Koenig. The article discusses whether companies are trying to limit shareholder voices at annual shareholder meetings in order to control the narrative, and how a virtual setting is amplifying these concerns.
According to Jason, many shareholders like virtual format. He tells Barron’s that companies could try to make shareholder participation more difficult because of the leeway they have around meeting formats, adding, “However, this is only relevant if what occurs at the shareholder meeting moves the needle with respect to, say, a proxy fight or a shareholder proposal. I don’t think that is true most of the time.”