The limited power for shareholders to appoint and dismiss management board members in Dutch listed companies

Bastiaan Kemp; Sebastian Renshof

doi:10.54648/EUCL2020007

The limited power for shareholders to appoint and dismiss management board members in Dutch listed companies

Bastiaan Kemp^*, Sebastian Renshof

^*Corresponding author for this work

Research output: Contribution to journal › Article › Academic › peer-review

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
Pages (from-to)	37-44
Number of pages	8
Journal	European Company Law
Volume	17
Issue number	2
DOIs	https://doi.org/10.54648/EUCL2020007
Publication status	Published - Apr 2020

Keywords

Oligarchic clauses
appointment and dismissal of management board members
listed companies

Access to Document

10.54648/EUCL2020007

Cite this

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