Shareholders' Rights In Corporate Governance: A Comprehensive Analysis
- IJLLR Journal
- Apr 11, 2024
- 1 min read
Susmita Saha, ICFAI Law School, The ICFAI University, Dehradun
Dr. Susanta k. Shadangi, Associate Professor, ICFAI Law School, The ICFAI University, Dehradun
ABSTRACT:
This study's article examines the critical role of shareholders' rights in modern corporate governance frameworks. Shareholders, being the owners of a business enterprise, possess great rights that affect the choice-making techniques within the enterprise. The look at delves into the evolution of shareholders' rights, exploring their ancient context and the elements shaping their modern-day repute. Additionally, it investigates the diverse mechanisms via which shareholders work out their rights, which include balloting rights, proxy contests, and shareholder activism. Furthermore, the article evaluates the effect of shareholders' rights on company governance practices, including board accountability, govt reimbursement, and company social duty. By studying case research and empirical proof, this research gives insights into the effectiveness of shareholders' rights in selling transparency, responsibility, and long-term value creation inside organizations. Finally, it discusses potential challenges and destiny guidelines for boosting shareholders' rights in corporate governance structures worldwide.
Keywords: Shareholders' rights, corporate governance, Ownership shape, Board accountability, Proxy contests, Shareholder activism.