XBRL could potentially improve efficiency of shareholder votinｇ
Voting by institutional investors is seen as a promising means of monitoring corporate governance and enhancing investee companies' value, but institutional investors face time and cost constraints in exercising their voting rights. Greater use of electronic disclosure of corporate information should improve the efficiency of shareholder voting and facilitate decision-making on important shareholder resolutions.
Voting by institutional investors is seen as a promising means of monitoring corporate governance and enhancing investee companies' value, but institutional investors face time and cost constraints in exercising their voting rights. Greater use of electronic disclosure of corporate information should improve the efficiency of shareholder voting and facilitate decision-making on important shareholder resolutions.
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