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Issues concerning the rights of minority members in Australia and the Essay

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Issues concerning the rights of minority members in Australia and the http://site-2104207-4950-7217.mystrikingly.com manner in which shareholder rights may be protected - Essay Example

Australia is a nation with strong legal system with a higher level of legal protection for shareholders and creditors2 compared to other nations (La Porta et al, 1998, 1999).In this essay, the various issues concerning the minority shareholder rights in Australia and the different ways by which the shareholder rights may be protected are discussed in detail. This is organized as follows. In the second section, the theoretical perspectives of corporate governance and the problems between directors and shareholders are discussed. In the third section, the directors and shareholders; rights and obligations are discussed. In the fourth section, various issues regarding the minority shareholder rights are discussed. In the fifth section, various remedies for protecting minority shareholder rights are discussed in detail. The fifth section concludes the essay.