Dealing with Non-Controlling Shareholders : Issues and Best Practice

There is ample evidence today that demanding best practice standards of good corporate governance and convincing enforcement processes lead to higher market valuations of enterprises in free capital markets. This paper contains the following headin...

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Bibliographic Details
Main Author: World Bank
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2006/01/6988048/dealing-non-controlling-shareholders-issues-best-practice
http://hdl.handle.net/10986/11198
Description
Summary:There is ample evidence today that demanding best practice standards of good corporate governance and convincing enforcement processes lead to higher market valuations of enterprises in free capital markets. This paper contains the following headings: key prerequisites for success with non-controlling shareholders; institutional investors have a fiduciary duty to act convincingly in the interest of their clients; and a good governance framework is essential but only sufficient quality convinces institutions to be long-term shareholders.