Law and technology: Company law

• Main Authors: TIJO, Hans, LEE, Pey Woan, KOH, Pearlie M. C.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2021
• Subjects: Blockchain; Cryptoassets; Artificial intelligence; Decentralized Autonomous Organizations; Technology; Shareholder rights; Virtual meetings; Business Organizations Law; Science and Technology Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/3353; https://search.library.smu.edu.sg/discovery/fulldisplay?docid=alma99511247302601&context=L&vid=65SMU_INST:SMU_NUI&lang=en&search_scope=Everything&adaptor=Local%20Search%20Engine&tab=Everything&query=any,contains,Law%20and%20Technology%20in%20Singapore&offset=0
• Institution: Singapore Management University

In this chapter, we discuss areas of company law where technology has already played a part and also predict where it may soon transform legal practice. We focus on shareholder rights, share capital, informational costs, fundraising and artificial intelligence. The central theme, though, is that to prevent statutory obsolescence, laws should be drafted with enough flexibility to accommodate changes in technology. This will allow practitioners the leeway to push on the edge of the envelope and let market forces help in determining the most efficient ways of doing things in a volatile business environment.