On Fiduciary Duties of Controlling Shareholders of Targeted Corporation

Content Provider	Semantic Scholar
Author	Zhao, Jinlong
Copyright Year	2011
Abstract	In the acquisition of listed corporation, the controlling shareholders who either hold a certain number of shares, or play a decisive role in the transfer of corporation control. Compared with the minority shareholders, controlling shareholders often abuse its dominant position to harm other stakeholders' interests of the corporation. Imposing the fiduciary duties to the controlling shareholders is an important legal measure to protect the targeted corporation and the minority shareholders' legitimate rights and interests. This paper describes the theoretical basis, the specific content and protection mechanisms of controlling shareholders' fiduciary duties, so as to provide instructions in improving our legislation.
Starting Page	85
Ending Page	85
Page Count	1
File Format	PDF HTM / HTML
DOI	10.5539/jpl.v4n2p85
Volume Number	4
Alternate Webpage(s)	http://www.ccsenet.org/journal/index.php/jpl/article/download/11993/8410
Alternate Webpage(s)	https://doi.org/10.5539/jpl.v4n2p85
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article