Abstract
Dutch listed companies make frequent and varied use of oligarchic clauses for the appointment and dismissal of management board members. As a result, shareholders in Dutch listed companies are often not free to nominate and appoint their own candidates for the management board. This contribution analyses the use and trends of these so-called oligarchic clauses by listed companies incorporated under Dutch law.
Original language | English |
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Pages (from-to) | 37-44 |
Number of pages | 8 |
Journal | European Company Law |
Volume | 17 |
Issue number | 2 |
Publication status | Published - Apr 2020 |
Keywords
- Oligarchic clauses
- appointment and dismissal of management board members
- listed companies