Title: With Great Power Comes Great Responsibility: Ideal and Real Types of Shareholders
Abstract: This chapter explains the ideal types of shareholder as ‘owner’, ‘parliamentarian’ and ‘investor’ and the real types of short-term dispersed and long-term concentrated share-holders. Subsequently, it discusses how those models can be helpful for the conceptual understanding of the current law and the policy debate about future shareholder rights and duties. It is suggested that the ‘empowered shareholder’ can be a guiding objective. However, with greater power also comes greater responsibility: thus, as the other side of the coin, shareholder duties can also be justified.
Publication Year: 2017
Publication Date: 2017-02-22
Language: en
Type: article
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