4. Which Law Matters Most?
In the previous chapter, the conclusion was reached that law might matter, maybe…
It has been emphasised throughout the work that whether by law or some other mechanism,…
Firstly, the distinction between private and public companies should be made clear.…
Indeed, when ownership is widely dispersed, such as in US and UK outsider systems,…
Other scholars support shareholder activism and are of the view that it is not that…
The idea of shareholders taking control may sound like an effective approach at first;…
Evidence suggests that it does not necessarily affect the performance of the firm…
Therefore, instead of investigating shareholder control rights, I have found it more…
Moreover, since the main aim is to create a market where investors feel protected,…
As it was seen in the examples of Germany and France, constant state intervention…
In this chapter, it is generally discussed that though law is important, over-regulation…
Market abuse,…
Transfer of shares,…
Transparency and disclosure.…
In this regard, in the next chapter, the Turkish system will be assessed in line…
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