This timely and topical book is the first to provide a detailed and practical guide to corporate governance in the context of the activist shareholder. The book considers the issues which arise when shareholders seek to exercise their rights to influence the management of a company, and examines how the board of directors must react in these situations.
The book examines this increasingly significant aspect of company law by looking at such issues as the statutory rights of shareholders to remove auditors of a company, successful takeover bids, the division of powers between the board of directors of a company and the shareholders, and access to company documentation such as accounts. In doing so, it provides a practical guide to the rights, powers, and options available to shareholders, as well as exploring the legitimate responses open to a company. As shareholder activism is an increasingly global phenomenon, reference is made to relevant decisions from other jurisdictions including Australia, Bermuda, the Bahamas, the Cayman Islands, Isle of Man, Guernsey, Jersey, Mauritius, New Zealand and Singapore.
This timely and topical book is the first to provide a detailed and practical guide to corporate governance in the context of the activist shareholder. The book considers the issues which arise when shareholders seek to exercise their rights to influence the management of a company, and examines the legitimate responses open to a company.