Faculty News

Prof. David Yermack on the increasing number of virtual shareholder meetings

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Excerpt from The Washington Post -- "David Yermack, a professor at New York University who has studied the location of shareholder meetings, says there's another reason that in-person annual meetings won't disappear too soon — long-standing rituals are hard to change without prompting doubts about the motives. 'This is a 400-year-old corporate norm, where once a year you have to face the owners of the company and answer for what you’ve done.'"

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