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 …

This paper investigates the role that shareholders may play in corporate governance by analysing the European … aiming at strengthening shareholders' voice in general meetings on the assumption that this is a prerequisite for sound … same time, may play a significant role in improving corporate governance by balancing the power of dominant shareholders …

the protection of shareholders against shirking of the board members and the officers increased significantly. The … protection of minority shareholders against the expropriation of major shareholders remained unchanged. In light of these … suggests that other variables, like the presence of activist shareholders, might be much more influential than the development …