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3B - Agency and the Interests of the Company

from 3 - Powers, Shareholders and Justifications for Duties

Published online by Cambridge University Press:  26 July 2019

Ernest Lim
Ernest Lim
Affiliation:
National University of Singapore
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Summary

I argue that (i) the general meeting is a co-agent of the company and (ii) the company's interests should refer to the long-term value and viability of the company from a normative, legal and empirical perspective.

Keywords

Agentagencygeneral meetingshareholdersinterests of the companylong term value and viability of the companycorporate purposecontrolling shareholdersfiduciary duties
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A Case for Shareholders' Fiduciary Duties in Common Law Asia , pp. 137 - 204
Publisher: Cambridge University Press
Print publication year: 2019

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