Disclosure Business Meeting of Shareholders via Teleconference Paulus Aluk Fajar Dwi Santo, Agus Riyanto, Trengginas T. Tumindak & Abdul Rasyid
BINUS University
Abstract
The need for the internet with its technological advantages has become a primary human need in the digital era. Human life is highly dependent on technology. The human need for technology to communicate and share information is no less important than the human need for food and clothing. Human activities in Limited Liability Companies, especially during the Covid 19 pandemic, forced the General Meeting of Shareholders (GMS) to be held using teleconference technology as the medium. Although this method is the best option, there are three problems in its implementation. First, the GM^s teleconference is held when the shareholders are not in the same place and not physically attended by all members of the meeting so that the minutes of the GMS cannot be signed. Second, the teleconference GMS can also create problems if the shareholders are outside Indonesia^s territory. If the shareholders are proven to have electronically signed the signature outside the territory of Indonesia, the GMS will be null and void. Third, the incompleteness of shareholder participants attending the general meeting of shareholders via teleconference. It will have an impact on the voting of the shareholders in the GMS via teleconference. Based on the three problems above, there is still a problem with information disclosure in the GMS conducted by teleconference. This study attempts to analyse and answer the three issues above by comparing them with practices that that have been carried out in Australia.