Shareholder Protection in Close Corporations

Erscheinungsjahr 2022
ISBN: 978-1-108-49666-7
Verlag: Cambridge University Press

Buch, Englisch, 300 Seiten, Format (B × H): 157 mm x 235 mm, Gewicht: 764 g

Reihe: International Corporate Law and Financial Market Regulation

Close corporations, which are legal forms popular with small and medium enterprises, are crucial to every major economy's private sector. However, unlike their 'public' corporation counterparts, close corporation minority shareholders have limited exit options, and are structurally vulnerable in conflicts with majority or controlling shareholders. 'Withdrawal remedies'-legal mechanisms enabling aggrieved shareholders to exit companies with monetary claims-are potent minority shareholder protection mechanisms. This book critically examines the theory and operation of withdrawal remedies in four jurisdictions: the United States, the United Kingdom, Germany, and Japan. Developing and applying a theoretical and comparative framework to the analysis of these jurisdictions' withdrawal remedies, this book proposes a model withdrawal remedy that is potentially applicable to any jurisdiction. With its international, functional, and comparative analysis of withdrawal remedies, it challenges preconceptions about shareholder remedies and offers a methodology for comparative corporate law in both scholarship and practice.

Autoren/Hrsg.

Koh, Alan K

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Bereichsspezifisches Management Außenhandel
• Rechtswissenschaften Recht, Rechtswissenschaft Allgemein Rechtsvergleichung
• Wirtschaftswissenschaften Betriebswirtschaft Management Internationales Management
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensorganisation, Corporate Responsibility Unternehmenskultur, Corporate Governance

Inhaltsverzeichnis

1. Introduction; Part I. Theory: 2. The concept of withdrawal; Part II. Operation: 3. Withdrawal in comparative perspective; 4. Germany; 5. The United Kingdom; 6. The United States; 7. Japan; Part III. Application: 8. A model withdrawal remedy; Part IV. Conclusion: 9. Conclusions, contributions, and applications; Bibliography; Index.

Über Autor(innen)

Koh, Alan K
Alan K Koh is Assistant Professor of Business Law at Nanyang Business School, Nanyang Technological University (Singapore), where he teaches corporate law and governance. He earned his Dr jur at Goethe University Frankfurt and is an Advocate and Solicitor of the Supreme Court of Singapore. His research focuses on comparative law and corporate law and governance in Asia. He is an elected member of the International Academy of Comparative Law.