Sentences with phrase «fundamental right of shareholders»

We believe in one share one vote as a fundamental right of shareholders,» says Ann Yerger, the council's executive director.

Not exact matches

Specifically, 1) the exception has a «very high threshold», 2) the alleged «personal grievance» needs to be the «primary purpose» of the sought meeting, 3) the determination by the board must be made on «objective evidence», and 4) the right of shareholders to requisition a meeting is a «fundamental right».

The legal theory behind dissent rights is that some kinds of transactions so significantly change the fundamental nature of the company in which the shareholder invested that they should have the option of exiting and liquidating their investment.