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exemption for transactions with wholly owned subsidiaries allows controlling shareholders to circumvent the rule extensively … shareholders and creditors. Hence, if the Commission choses to go down this route it might end up with a comprehensive regulation …
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Corporate stewardship holds great promise for the improvement of shareholder engagement and the encouragement of more responsible and long-term oriented value creation. Many countries have now adopted a best practice code for the stewardship role of institutional investors and asset managers,...
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Shareholder activism by hedge funds has taken hold in Germany in spite of large ownership concentration. This essay uses the example of Stada Arzneimittel AG to highlight features of activism, German style. It goes on to discuss the legal issues raised by activist campaigns at the two stages of...
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shareholders in civil law systems explains crucial differences in corporate structure and finance. It questions the thesis that the …
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The role of shareholders in corporate governance is traditionally that of principals under agency theory, the directors … shareholders are physically present. In July 2022 Germany adopted a new law on virtual general meetings which is based on practical … are codified in detail. The key issue is guaranteeing the rights of shareholders also in a virtual general meeting …
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