Has the Tyranny of the Majority Become Further Entrenched?

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Mitchell, Vanessa (2002) Has the Tyranny of the Majority Become Further Entrenched? Company and Securities Law Journal, 20 (2). pp. 74-88. ISSN 0729-2775

Abstract

The Company Law Review Act 1998 and the Corporate Law Economic Reform Program Act 1999 introduced changes which have weakened the powers of minority shareholders while strengthening those of the majority - accompanying this shift in power there have been other changes that give a greater role and more responsibilities to shareholders in the overseeing and 'policing' of both directors and companies - this, in effect, will give these responsibilities to the majority shareholders - the minority shareholders are doubly disadvantaged - the interests of the minority will be undermined or ignored.

Item type Article
URI http://vuir.vu.edu.au/id/eprint/2361
Subjects Current > FOR Classification > 1801 Law
Historical > Faculty/School/Research Centre/Department > School of Law
Keywords ResPubID4164, majority shareholders, institutional investors, monitor, governance
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