The Hague, The Netherlands : Eleven International Pub. ; Portland, Or. : Sold and distributed in the USA and Canada [by] International Specialized Book Services, [2012?]
v, 166 pages ; 25 cm
Formatted Contents Note
Shareholders and democracy? / Aalt Willem Heringa Shareholder democracy á la Dworkin / Steef M. Bartman Negotiated shareholder activism : the German approach to shareholder democracy / Pierre Glozbach Shareholder democracy : takeovers : defence mechanisms / Dan D. Prentice Shareholder democracy in South Africa? / Philip Sutherland Shareholder democracy in Belgium / Laurent Arnauts Shareholder democracy in the (European) private company / M. Olaerts.
"Shareholders have important rights, which they can exercise democratically at a company's general meeting, such as the power to control and supervise management of the company. The term 'shareholder democracy' relates to the different ways in which shareholders can influence or even determine a company's course of life. One of the disadvantages of shareholder democracy is a risk that most democratic systems face - it can lead to opportunistic behavior of, in this case, influential shareholders with personal interests which are not in line with the interest of the company. Globalizing financial markets call for a general debate of this topic in an international context. Shareholder democracy does not only play a part in takeover situations, it touches the very core of every company law system. The position of shareholders within the company model, for example, influences the corporate interest definition, which in turn has significant consequences for the position of the board of directors. This book places the topic of shareholder democracy in an international context and deals with the topic from a comparative point of view. It contains contributions from authors from various legal systems discussing the issue of shareholder democracy within their own jurisdiction. The book covers, among other topics, the power of shareholders in Germany, the UK, South Africa, Belgium, and the Netherlands" -- Provided by publisher.
Publisher's Web site lists date of publication as 2012. Essays written by the speakers from the 3rd Centre for European Company Law (CECL) Conference on shareholder democracy held in Maastricht on Sept. 18, 2009.
Bibliography, etc. Note
Includes bibliographical references.