Alan K Koh
eBook, PDF

Shareholder Protection in Close Corporations (eBook, PDF)

Theory, Operation, and Application of Shareholder Withdrawal

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Close corporations, which are legal forms popular with small and medium enterprises, are crucial to every major economy''s private sector. However, unlike their ''public'' corporation counterparts, close corporation minority shareholders have limited exit options, and are structurally vulnerable in conflicts with majority or controlling shareholders. ''Withdrawal remedies''-legal mechanisms enabling aggrieved shareholders to exit companies with monetary claims-are potent minority shareholder protection mechanisms. This book critically examines the theory and operation of withdrawal remedies in...

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