×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

CMA warns of unequal power dynamics during virtual AGMs

Vocalize Pre-Player Loader

Audio By Vocalize

CMA is pushing for reforms to protect shareholder participation in virtual meetings. [iStockphoto]

The Capital Markets Authority (CMA) is now pushing for reforms to protect shareholder participation in virtual meetings to enable them to hold companies accountable both online and offline.

The CMA feels jittery that the CMA virtual AGMs could lead to unequal power dynamics in which some shareholders are left out in the digital cold.

Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Business
Big win for Ruto as court clears path for sale of key State firms
Business
PwC now seeks buyers for Koko Networks assets
Business
Kenya Pipeline Company IPO extended by three working days
Enterprise
When fundamentals are stable but the patient is terrified