Non-Pecuniary Private Benefits in Publicly Traded Corporations: How Involuntary Dissolution Statute May Be the Solution

Author:   Murat Can Pehlivanoglu
Publisher:   Brill
Volume:   5
ISBN:  

9789004686502


Pages:   246
Publication Date:   05 October 2023
Format:   Hardback
Availability:   Not yet available   Availability explained
This item is yet to be released. You can pre-order this item and we will dispatch it to you upon its release.

Our Price $403.92 Quantity:  
Add to Cart

Share |

Non-Pecuniary Private Benefits in Publicly Traded Corporations: How Involuntary Dissolution Statute May Be the Solution


Add your own review!

Overview

Non-pecuniary private benefits, a phenomenon in publicly traded corporations, may be extracted by influencing shareholders to the detriment of minority shareholders and corporations. This book, with particular focus on Turkish law and American law, investigates the loopholes paving the way of non-pecuniary private benefit extractions in the context of corporate law. Pehlivanoğlu proposes to use shareholder oppression law’s reasonable expectations standard to expand the reach of involuntary dissolution statutes to cover non-pecuniary private benefit extractions of influencing shareholders.

Full Product Details

Author:   Murat Can Pehlivanoglu
Publisher:   Brill
Imprint:   Martinus Nijhoff
Volume:   5
Weight:   0.554kg
ISBN:  

9789004686502


ISBN 10:   9004686509
Pages:   246
Publication Date:   05 October 2023
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Not yet available   Availability explained
This item is yet to be released. You can pre-order this item and we will dispatch it to you upon its release.

Table of Contents

1 Introduction  1 Introduction of the Issue  2 Importance and Beyond  3 Framework for Analysis 2 Defining the Concepts and the Flaw  1 Non-pecuniary Private Benefits  1.1 Generally  1.2 Types of Non-pecuniary Private Benefits  1.3 Justification for Mandatory Protection  1.3.1 General Considerations  1.3.2 Using the “Nexus of Contracts” Theory  2 Influencing Shareholder  3 The Transaction-Based System  3.1 Generally  3.2 Rationale of Transaction-Based Systems  4 Conclusion 3 Components of the Transaction-Based System in Turkish Law  1 Generally  2 Specific Provisions  2.1 Fundamental Corporate Changes  2.2 Concealed Distribution of Capital and Related-Party Transactions  2.3 Liability in Corporate Groups  2.4 Securities Authority’s Miscellaneous Powers  3 Conclusion 4 The “Reasonable Expectations” Standard  1 Generally  1.1 Theoretical Framework of the “Reasonable Expectations” Conception  1.2 Basic Reasonable Expectations’ Current Protection in Corporate Law  1.3 Purview of the Basic Reasonable Expectations  1.3.1 Expectations Regarding the Corporate Purpose  1.3.2 Expectations Regarding the Management  2 Shareholder Oppression Law in the U.S.  2.1 Generally  2.2 Legal Nature of the Action  2.3 Delaware Law  2.4 New York Law  2.5 Remedies  3 Components of the “Reasonable Expectations” Standard  4 Justifications for Application to the Publicly Traded Corporation  4.1 Generally  4.2 Challenges in Defending the Imposition  4.3 Rethinking the Conception  4.3.1 Generally  4.3.2 Sources  5 Conclusion 5 Involuntary Dissolution Action in Turkish Law  1 Generally  2 Legal Nature of the Action  3 Elements of the Cause of Action  3.1 Generally  3.2 Effect of the Mandatory Nature of Corporate Law  4 The “Just Cause” Concept  4.1 Current Interpretation  4.2 Using the “Reasonable Expectations” Standard  5 Remedies  5.1 Remedying Non-pecuniary Private Benefit Extractions  5.2 The Problem of Direct Compensation  6 Application to Non-pecuniary Private Benefit Extractions  7 Conclusion 6 Conclusion Bibliography Index

Reviews

Author Information

Murat Can Pehlivanoğlu, S.J.D. (2018), San Francisco Golden Gate University, is Assistant Professor of Law at Istanbul Kent University. He has published widely on commercial law and corporate law, and teaches at several universities.

Tab Content 6

Author Website:  

Customer Reviews

Recent Reviews

No review item found!

Add your own review!

Countries Available

All regions
Latest Reading Guide

wl

Shopping Cart
Your cart is empty
Shopping cart
Mailing List