Which of the following statements is true about the Revised Corporation Code?

The Revised Corporation Code encourages remote participation in stockholder meetings, reflecting the evolving needs of businesses and shareholders in a digital age. This is particularly relevant as many organizations and their stakeholders seek more flexible ways to engage, especially in light of technological advancements and recent global events that have necessitated remote interactions.

By allowing electronic participation, the Revised Corporation Code aims to enhance shareholder engagement and ensure inclusivity, enabling stakeholders who may not be able to attend in person to still contribute to discussions and decision-making processes. This flexibility is crucial for maintaining good corporate governance and facilitating a more democratic process in corporate affairs.

The other statements represent ideas that do not align with the provisions of the Revised Corporation Code, which is designed to adapt to modern practices and promote efficient corporate governance.