Protecting Minority Shareholders of Close Corporation in the Saudi Law - Alsaleh, Abdulrahman Nabil
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This book demonstrates the issues caused by the locked-in structure of close corporations and the approaches developed to address them. Although these structural issues are hardly touched upon in the international corporate debates, jurisdictions vary in their approaches to addressing these issues and providing protection for minority shareholders. The book explores the statutory approach adopted in the Saudi Companies Law to protect the interests of shareholders as the Law advances different rules for corporate governance than their counterparts in other jurisdictions. The study evaluates the…mehr

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Produktbeschreibung
This book demonstrates the issues caused by the locked-in structure of close corporations and the approaches developed to address them. Although these structural issues are hardly touched upon in the international corporate debates, jurisdictions vary in their approaches to addressing these issues and providing protection for minority shareholders. The book explores the statutory approach adopted in the Saudi Companies Law to protect the interests of shareholders as the Law advances different rules for corporate governance than their counterparts in other jurisdictions. The study evaluates the strengths and defects in the Law as it presents an analysis and critique of the statutory treatment of minority shareholders' problems, their statutory protection as well as the public and private enforcement. Finally, the book identifies areas where reforms and changes are needed and thus propound some policy prescriptions to the Saudi legislature to optimize its corporate governance. A new approach to corporate governance of close corporations, one that is perceptive of their unique nature and features, is necessary to strengthen the statutory protection for the minority shareholders.
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Autorenporträt
Abdulrahman Alsaleh ist Professor für Wirtschaftsrecht am College of Law and Political Science der King Saud University. Dr. Alsaleh erwarb seinen S.J.D.-Abschluss an der Indiana University Bloomington und erhielt den Law School Award für die herausragende Dissertation des Jahres 2018-2019. Seine Forschungsinteressen kreisen um Themen der Unternehmensführung.