Abstract:
Worldwide, the basic role of minority shareholders is vital for advocating effective corporate governance and ensuring a fair distribution of power within organizations and companies. However, their rights are often vulnerable to breach due to the dominance of majority stakeholders. This study explores the legal, regulatory, and practical dimensions of safeguarding minority shareholder rights, considering diverse jurisdictions and corporate environments. The research delves into the various mechanisms available for the sake of the safeguarding of minority owners. This is because locked in structure of close firms, a minority shareholder faces unique challenges in any corporations. Minority shareholders are concerned that they may lose their right to participate in management or that those in positions of authority may take advantage of them at any time. Minority shareholders' high expectations, presumption from the majority, and the lack of a liquid secondary market all contribute to this anxiety.
Description:
This thesis submitted in partial fulfillment of the requirements for the degree of Bachelor of Law in East West University, Dhaka, Bangladesh