abstractderivative action is an action filed by shareholders against corporatedirectors in order to recover corporate’s rights. this mechanism is set up tohave the directors answerable for their failure in carrying out their duties.prior to the ca 2006, foss v. horbottle rule deprived shareholders of takingany action against directors but in exceptional cases. acknowledging theright of filing d...

This paper considers the role of company law in the context of financialization, with a focus on shareholder primacy. After a detailed review of the provenance of the putative shareholder primacy rationale, the study provides an analysis of relevant aspects of the Company Law Review (CLR) process in the UK. This ultimately led to the Companies Act 2006 (CA 2006) which determined that shareholde...

the concept of value creation is gaining momentum in iran under the open regime. iranian companies are geared to understand and act upon the concept of shareholder value to stay competitive in this unfathomable and volatile environment. most executives today understand that, the need to create shareholder value is paramount and the world’s most competitive management teams are responding to the...

This legislative note examines the recent regulatory changes that were introduced on 6 April 2022, and which consequently affect Companies Act 2006 Limited Liability Partnerships (Account Audit) (Application of 2006) Regulations 2008. The amendments mean companies limited liability partnerships (LLPs) fall within regulations’ scope must now disclose their climate change risks opportunities. It ...

The concept of Value Creation is gaining momentum in Iran under the open regime. Iranian Companies are geared to understand and act upon the concept of Shareholder Value to stay competitive in this unfathomable and volatile environment. Most executives today understand that, the need to create shareholder value is paramount and the world’s most competitive management teams are responding to the...