THE OPPRESSION OF 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...

Shareholders’ Pre-Emptive Rights

Audism: exploring the metaphysics of oppression.

This article traces the development of the concept of "audism" from its inception in the mid-1970s by exploring three distinct dimensions of oppression: individual, institutional, and metaphysical. Although the first two aspects of audism have been identified, there is a deeply rooted belief system regarding language and human identity that is yet to be explored within the context of audism. Th...