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|Title:||Direct and derivative shareholder suits : towards a functional and practical taxonomy||Authors:||Koh, Alan K.
Tang, Samantha S.
|Issue Date:||2021||Source:||Koh, A. K. & Tang, S. S. (2021). Direct and derivative shareholder suits : towards a functional and practical taxonomy. Comparative Corporate Governance, 431-453. https://dx.doi.org/10.4337/9781788975339.00032||Project:||04MNP001989C300||Journal:||Comparative Corporate Governance||Abstract:||Shareholder litigation is an indispensable part of corporate law and governance. There is no shortage of excellent legal scholarship on various aspects of shareholder litigation from a comparative and functional perspective. Well-executed scholarly writing on comparative shareholder litigation can be informative and even enlightening for students and scholars of comparative corporate law. The goal of this chapter is to offer a taxonomy of shareholder litigation mechanisms informed by considerations relevant to a minority shareholder’s decision whether and how to proceed with a lawsuit. The central questions guiding the exposition below are these: What substantive outcomes are possible for a minority shareholder litigant, and which of these can each mechanism be used to achieve? This chapter proceeds as follows. Section 2 sets out four key considerations relevant to litigators that shape our discussion in subsequent parts. Section 3 classifies direct shareholder litigation mechanisms functionally according to whether the desired outcome is a monetary or non-monetary one. Section 4 addresses derivative litigation. Section 5 concludes.||URI:||https://hdl.handle.net/10356/155256||ISBN:||9781788975339||ISSN:||9781788975322||DOI:||10.4337/9781788975339.00032||Schools:||Nanyang Business School||Rights:||© 2021 The Editors and Contributors severally. All rights reserved.||Fulltext Permission:||none||Fulltext Availability:||No Fulltext|
|Appears in Collections:||NBS Journal Articles|
Updated on Sep 26, 2023
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