Theoretical foundations of shareholders' right to appraisal
Shareholders' right to appraisal represents a controversial topic of corporation law, which is why a relatively small number of countries accept it. In this article, the authors analyze the goals that are supposed to be achieved with the introduction of shareholders' appraisal rights. In t...
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| Format: | Article |
| Language: | English |
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University of Belgrade, Faculty of Law, Belgrade, Serbia
2017-01-01
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| Series: | Anali Pravnog Fakulteta u Beogradu |
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| Online Access: | http://scindeks-clanci.ceon.rs/data/pdf/0003-2565/2017/0003-25651703007V.pdf |
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| _version_ | 1850106381332381696 |
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| author | Vasiljević Mirko Radović Vuk |
| author_facet | Vasiljević Mirko Radović Vuk |
| author_sort | Vasiljević Mirko |
| collection | DOAJ |
| description | Shareholders' right to appraisal represents a controversial topic of corporation law, which is why a relatively small number of countries accept it. In this article, the authors analyze the goals that are supposed to be achieved with the introduction of shareholders' appraisal rights. In this respect, traditional and modern explanations for the introduction or maintaining of this right have been presented. In the second part of this article, shareholders' right to appraisal has been critically examined, mostly from corporations' perspective. Afterwards, several potential causes of inefficiency of using this right have been identified. Perceiving pros and cons of shareholders' right to appraisal is of particular importance for Serbia, in order to draw a conclusion about harmonization of our legislative solutions with the theoretical foundations of this right. |
| format | Article |
| id | doaj-art-2e54cde30a624d5fa583c2bf1b2073a8 |
| institution | OA Journals |
| issn | 0003-2565 2406-2693 |
| language | English |
| publishDate | 2017-01-01 |
| publisher | University of Belgrade, Faculty of Law, Belgrade, Serbia |
| record_format | Article |
| series | Anali Pravnog Fakulteta u Beogradu |
| spelling | doaj-art-2e54cde30a624d5fa583c2bf1b2073a82025-08-20T02:38:51ZengUniversity of Belgrade, Faculty of Law, Belgrade, SerbiaAnali Pravnog Fakulteta u Beogradu0003-25652406-26932017-01-0165372710.5937/AnaliPFB1703007V0003-25651703007VTheoretical foundations of shareholders' right to appraisalVasiljević Mirko0Radović Vuk1University of Belgrade, Faculty of Law, Belgrade, SerbiaUniversity of Pittsburgh, U.S.A. + Univerzitet u Beogradu, Pravni fakultet, BeogradShareholders' right to appraisal represents a controversial topic of corporation law, which is why a relatively small number of countries accept it. In this article, the authors analyze the goals that are supposed to be achieved with the introduction of shareholders' appraisal rights. In this respect, traditional and modern explanations for the introduction or maintaining of this right have been presented. In the second part of this article, shareholders' right to appraisal has been critically examined, mostly from corporations' perspective. Afterwards, several potential causes of inefficiency of using this right have been identified. Perceiving pros and cons of shareholders' right to appraisal is of particular importance for Serbia, in order to draw a conclusion about harmonization of our legislative solutions with the theoretical foundations of this right.http://scindeks-clanci.ceon.rs/data/pdf/0003-2565/2017/0003-25651703007V.pdfcorporationshareholderrights of minority shareholdersfundamental corporate change |
| spellingShingle | Vasiljević Mirko Radović Vuk Theoretical foundations of shareholders' right to appraisal Anali Pravnog Fakulteta u Beogradu corporation shareholder rights of minority shareholders fundamental corporate change |
| title | Theoretical foundations of shareholders' right to appraisal |
| title_full | Theoretical foundations of shareholders' right to appraisal |
| title_fullStr | Theoretical foundations of shareholders' right to appraisal |
| title_full_unstemmed | Theoretical foundations of shareholders' right to appraisal |
| title_short | Theoretical foundations of shareholders' right to appraisal |
| title_sort | theoretical foundations of shareholders right to appraisal |
| topic | corporation shareholder rights of minority shareholders fundamental corporate change |
| url | http://scindeks-clanci.ceon.rs/data/pdf/0003-2565/2017/0003-25651703007V.pdf |
| work_keys_str_mv | AT vasiljevicmirko theoreticalfoundationsofshareholdersrighttoappraisal AT radovicvuk theoreticalfoundationsofshareholdersrighttoappraisal |