Book contents
- Corporate Governance and Responsible Investment in Private Equity
- International Corporate Law and Financial Market Regulation
- Corporate Governance and Responsible Investment in Private Equity
- Copyright page
- Dedication
- Contents
- Acknowledgements
- Introduction
- Part I How Should Private Equity Governance Systems Look?
- Part II What Actually Happens?
- Part III Corporate Governance Regulation in the United Kingdom and Private Equity’s Response
- 5 The Relevance of Business Judgment Regulation
- 6 Dealing with the Duties to Avoid and Disclose Conflicts of Interest
- 7 Rules Affecting the Exercise of Power by Shareholders and Their Nominated Directors
- 8 Recent Corporate Governance Reforms, Best Practice Codes and Their Impact
- Part IV How Governance Can Affect Corporate Performance
- Bibliography
- Index
7 - Rules Affecting the Exercise of Power by Shareholders and Their Nominated Directors
from Part III - Corporate Governance Regulation in the United Kingdom and Private Equity’s Response
Published online by Cambridge University Press: 16 November 2020
Book contents
- Corporate Governance and Responsible Investment in Private Equity
- International Corporate Law and Financial Market Regulation
- Corporate Governance and Responsible Investment in Private Equity
- Copyright page
- Dedication
- Contents
- Acknowledgements
- Introduction
- Part I How Should Private Equity Governance Systems Look?
- Part II What Actually Happens?
- Part III Corporate Governance Regulation in the United Kingdom and Private Equity’s Response
- 5 The Relevance of Business Judgment Regulation
- 6 Dealing with the Duties to Avoid and Disclose Conflicts of Interest
- 7 Rules Affecting the Exercise of Power by Shareholders and Their Nominated Directors
- 8 Recent Corporate Governance Reforms, Best Practice Codes and Their Impact
- Part IV How Governance Can Affect Corporate Performance
- Bibliography
- Index
Summary
This chapter considers rules applicable in the UK to shareholders exercising power in their own interests, rather than the interests of the company, and asks whether these create any problems for private equity investors, in theory and in practice.It also looks at other ways in which shareholders and directors can be held liable for the actions of their companies, including Bribery Act rules, health and safety laws, competition law rules and tortious liability.
- Type
- Chapter
- Information
- Publisher: Cambridge University PressPrint publication year: 2021