Deal Structure and Minority Shareholders

The Evolution of Effective Remedies for Minority Shareholders and Its Impact upon Valuation of Minority Shares

... Such was the plight, we are told, of the minority shareholder. ... While the New Jersey court in Exadaktilos introduced the notion of expectations as a standard by which to measure whether the challenged conduct was oppressive, the reasonable expectations test reached full bloom in New York after the legislature, in 1979, provided for a buy-out of the minority shareholder as an alternative ...

Minority shareholders’ protection in Romanian capital markets: evidence on dividends

Recent studies in Finance suggest dividends’ role as monitoring mechanism, which allows minority shareholders to control the managers or larger shareholders’ decisions. This paper tests this hypothesis on listed companies at Bucharest Stock Exchange, in 2000-2003 period, from the legislation perspective, but, also, using dividend ratios. Even the regulations and the enforcement of the law seem ...

RRC V - 19 : “ Corporate Governance , Minority Shareholders and Shares Prices on Emerging Capital

The final results of this research project have been comprised within three main studies, which are mentioned below: • Dragotă, Victor, “Minority shareholders’ protection in Romanian capital markets: evidence on dividends”, published in Euro-Mediterranean Economics and Finance Review, January 2006, Vol. 1, No.1, pp. 76-89. • Dragotă, Victor; Dumitrescu, Dalina; Ruxanda, Gheorghe; Ciobanu, Anama...

Large Shareholders and Corporate Control

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Shareholders’ Pre-Emptive Rights