Non-Pecuniary Private Benefits in Publicly Traded Corporations

Download or read book Non-Pecuniary Private Benefits in Publicly Traded Corporations written by Murat Can Pehlivanoglu and published by BRILL. This book was released on 2023-09-29 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Non-pecuniary private benefits, a phenomenon in publicly traded corporations, may be extracted by influencing shareholders to the detriment of minority shareholders and corporations. This book, with particular focus on Turkish law and American law, investigates the loopholes paving the way of non-pecuniary private benefit extractions in the context of corporate law. Pehlivanoğlu proposes to use shareholder oppression law’s reasonable expectations standard to expand the reach of involuntary dissolution statutes to cover non-pecuniary private benefit extractions of influencing shareholders.