The ASX said this would be the first step toward a "review of shareholder approval requirements", including the circumstances in which companies need to disclose a waiver from the listing rules.
ASX managing director and CEO Helen Lofthouse said in the statement that investors have made it clear "they want a greater voice for shareholders invested in ASX-listed companies".
"But we are also mindful that we need to examine this question in a way that ensures we serve the needs of the market as a whole," she said. The Australian Financial Review was the first to report the story on Sunday.
According to the exchange, the decision to conduct a review came after a number of approaches and inquiries to the ASX over its decision to allow James Hardie to proceed with the acquisition of home-decking provider AZEK in March without seeking shareholder approval.
