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.
|Number of pages||8|
|Journal||European Company Law|
|Publication status||Published - Apr 2020|
- Oligarchic clauses
- appointment and dismissal of management board members
- listed companies