Entsendungsrechte in der Aktiengesellschaft
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»Board Designation Rights in the Stock Corporation«
In German stock corporations, individual shareholders may be granted the right to directly appoint members of the supervisory board. Although »board designation rights« have been part of German corporate law for a long time, they have rarely been the subject of legal studies. In recent years, they have attracted criticism based on their alleged incompatibility with the free movement of capital and modern doctrines of Corporate Governance. This study analyses the phenomenon under various aspects.
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