The WSJ has an interesting article today titled, "Proxy-Voting Systems Improve, But Investors Still Face Hurdles." The piece discusses the Asian Corporate Governance Association's (ACGA) Asian Proxy Voting Survey 2006, which addresses the obstacles shareholders face when voting in Asia.

According to the WSJ's summary of the report, often times institutions in Asia don't bother to vote due to cumbersome procedures and out of apathy. The ACGA estimates that no more than 20% to 30% of minority investors vote, however this is expected to change as foreign holdings in Asia rise.

What are your thoughts on proxy voting in Asia? We welcome your comments.