Regulating Institutional Shareholders in the Medium to the Long-term:An Analysis of the 2017 Shareholder Rights Directive's Shareholders' Duties

Savva, Rafael (2020) Regulating Institutional Shareholders in the Medium to the Long-term:An Analysis of the 2017 Shareholder Rights Directive's Shareholders' Duties. International Company and Commercial Law Review, 31 (1). pp. 1-13. ISSN 0958-5214

[img]
Text (R.Savva, ICCLR)
R.Savva_ICCLR_.pdf - Accepted Version
Available under License Creative Commons Attribution-NonCommercial.

Download (235kB)

Abstract

The Article considers whether the duties imposed on institutional shareholders by Directive 2017/828 to disclose how their investment strategy will contribute to the medium to long-term performance of their assets will facilitate good governance at the investee company level. The Article reviews the basis for the duties, and provides objections to its policy underpinnings and the extent to which increasing shareholder value is an appropriate objective for shareholder stewardship from a perspective that considers investee companies' corporate governance.

Item Type:
Journal Article
Journal or Publication Title:
International Company and Commercial Law Review
ID Code:
166604
Deposited By:
Deposited On:
24 Feb 2022 09:05
Refereed?:
Yes
Published?:
Published
Last Modified:
11 May 2022 07:47