The National Level of Shareholder Rights: Decision-Making Rights

Abstract

In this chapter, we explore the legal framework of AGMs in seven Member States (Austria, Belgium, Germany, France, Ireland, the Netherlands, and the United Kingdom) of shareholder decision-making rights. We find that, since only a small part of the decision-making rights is harmonized at the European level, there are numerous differences in shareholder rights among national laws. These decision-making rights are usually about the topics director (re-)elections, pay matters, share capital, amendments to articles of association, annual accounts, etc. To be able to conduct empirical research in the remaining chapters, we develop a categorization framework of 15 voting items.

Citation

Lafarre, A. (2017), "The National Level of Shareholder Rights: Decision-Making Rights", The AGM in Europe, Emerald Publishing Limited, Leeds, pp. 63-100. https://doi.org/10.1108/978-1-78743-533-920171006