in protecting the rights and responsibilities of minority shareholders
as well as explore the problems that have occurred in the past.
While the paper explores the efforts of United Kingdom law when it
comes to safeguarding the interests of minority shareholders it also
examines other legal systems to see if they do a better job. France,
the United States and others are compared and contrasted to see how
the United Kingdom system measures up against them.
The role played by shareholders in any company can be varied.
Shareholders are individuals who own shares of the company in
question. One person can have many shares, or one share and groups of
people can go in together and purchase shares of any company in
question. The shareholder is only invented in companies that are
public. This means that the individual public members can purchase
pieces of the company. When this happens the shareholders are provided
certain rights and responsibilities. Majority shareholders and
minority shareholders have similar interests but differences in the
power they have in the company. This is based on the shareholder being
a majority or a minority shareholder in status. The majority
shareholders often have protections simply by virtue of being majority
shareholders. That majority status gives them voting power and clout
that can outnumber the desires and wishes of those who are in the
category of minority shareholders.
This can create a situation in which the minority sh
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