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Shareholders’ duties and company law

Shareholders’ duties and company law

by Maurice Nussenbaum, Published in the Gazette du Palais on 6 June 2016

The right to vote has become a duty for certain categories of shareholders. Is this sufficient to ensure optimal corporate governance? One might well doubt it. The introduction of a dual-voting system for loyal shareholders is a distinctly French feature that is the subject of heated debate, despite certain advantages. Does this system help to address the shortcomings arising from the passivity of individual shareholders in listed companies?

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