Family firms and closed companies are the most widespread form of business organization in Germany and Spain. As a field of comparative research, however, they have long been neglected. This volume puts them in the legal limelight. Eleven contributions explore typical legal problems with which courts, legal scholars and practitioners struggle in this area. These include majority/minority conflicts over retention of profits, executive compensation and other related party transactions. Particular attention is also paid to shareholder agreements which often contain a second layer of regulation in addition to the articles of association.
págs. 1-22
Setting the scene: Family firms and closed companies in Spain
págs. 23-64
Abide or leave: Withdrawal right for retention of profits, close family companies and rule of law
págs. 65-108
págs. 109-138
págs. 139-170
págs. 171-186
págs. 187-204
págs. 205-224
Related party transactions in non-listed companies: The limited effectiveness of ex ante control
págs. 225-250
págs. 251-282
págs. 283-302
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