Duties of Directors and Controlling Shareholders in Relation to Share-Trading.

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dc.contributor.authorBarnes, Kiser Dave
dc.contributor.otherFabunmi, J. O.
dc.date.accessioned2014-04-08T10:36:03Z
dc.date.accessioned2018-10-27T23:09:40Z
dc.date.available2014-04-08T10:36:03Z
dc.date.available2018-10-27T23:09:40Z
dc.date.issued1985
dc.degree.awardM.PHIL. Lawen_US
dc.departmentBusiness Lawen_US
dc.description.abstractFor nearly a score years the threatened or actual creation, allotment, and issue of company shares by its board of directors have provided the factual background for the leading cases on directors’ fiduciary duty to exercise management powers over shares for a proper corporate purpose. Akin to this matter are legal problems related to the exercise of share voting power by controlling shareholders ratifying directors’ improper issues of shares; and the use of those powers to alter the company’s articles of association in reference to shareholdings. Often in such matters, controlling shareholders breach their duty owed to the company to exercise their share-voting power bona fide in the interests of the company. Whether controlling shareholders act independently or collude with directors in these matters, the capacity of minority shareholders to enforce the duties owed by both organs is diminished by questionable standards of judicial review concerning the nature of the duties involved, and the scope of the division of powers between the board of directors and shareholders in general meeting.en_US
dc.facultiesLawen_US
dc.format.filetypePDFen_US
dc.identifier.citationAPAen_US
dc.identifier.urihttp://localhost:8080/xmlui/handle/123456789/3089
dc.language.isoenen_US
dc.pages.totalpages235pen_US
dc.publisherObafemi Awolowo Universityen_US
dc.subjectShare-holdingsen_US
dc.subjectfiduciary dutyen_US
dc.subjectshare-voting poweren_US
dc.titleDuties of Directors and Controlling Shareholders in Relation to Share-Trading.en_US
dc.typeThesisen_US
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