Dealing with Non-Controlling Shareholders : Issues and Best Practice

World Bank

World Bank, Washington, DC

关键词: ACCOUNTABILITY;    ACQUISITIONS;    ASSET MANAGEMENT;    AUDITOR INDEPENDENCE;    AUTHORITY;   

RP-ID  :  36481

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

There is ample evidence today thatdemanding best practice standards of good corporategovernance and convincing enforcement processes lead tohigher market valuations of enterprises in free capitalmarkets. This paper contains the following headings: keyprerequisites for success with non-controlling shareholders;institutional investors have a fiduciary duty to actconvincingly in the interest of their clients; and a goodgovernance framework is essential but only sufficientquality convinces institutions to be long-term shareholders.