MOLDOVA Law and Practice Contributed by: Oleg Efrim, Gicu Bloșenco and Mihail Pitușcan, Efrim, Roșca and Associates
responses involve keeping communication open, engaging directly with shareholders to understand their concerns, and assessing the feasibility of pro- posed changes in light of the company’s strategic objectives and legal constraints. To reduce the risk of shareholder activism, companies typically prioritise proactive investor relations, clear and prompt disclosure of important information, and strong corporate governance standards. In practice, boards and management aim to sustain shareholder trust through consistent communication with inves- tors, swiftly resolving performance concerns, and ensuring that executive actions support the compa- ny’s declared strategy and goals.
Because Moldova lacks a formal or widespread activ- ist shareholder framework like in other jurisdictions, many of its measures are mainly preventative rather than reactive, focused on maintaining a positive rela- tionship between the company and its shareholders.
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