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suggesting a default template of rules. Ultimately, the matter of protection was one for the corporation and its shareholders …
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suggesting a default template of rules. Ultimately, the matter of protection was one for the corporation and its shareholders …
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Closely held company form is prone to the problem of minority oppression. This is due to the nature of the firm that adopts the features of partnerships and corporate forms. When the majority becomes opportunistic, due to majority rule, there is no mechanism to tackle their action or easy exit....
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similar kinds of democracies exist in both spheres. It then takes the common comparison of shareholder democracy and political … differs from participation in a nation. It concludes that the Electoral College/board of directors comparison, like the … comparison of the two democracies, is tantalizing but ultimately of limited value given the distinctive roles that each …
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shareholders from the complex, pyramidal, and often obscure corporate structures. First, we show that there are large differences …
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