Framework for Supporting Micro-Shareholders in Kamnala Law and Iranian Law

Document Type : Original Article

Authors

1 PhD Student in Private Law, Faculty of Law and Political Science, Mazandaran University, Mazandaran, Iran

2 Associate Professor, Faculty of Law and Political Science, University of Mazandaran, Mazandaran, Iran

Abstract

Minority shareholders are part of the shareholders of public companies whose individual influence is low and the probability of consensus among them is very low. This in some cases leads to the neglect of their interests. The need to support micro-shareholders is not only important in attracting their capital to the capital market, but also the level of support for micro-investors is one of the main indicators in the international business index. Therefore, the main challenge of this article is to examine the legal solutions to protect small shareholders in the conflict of their interests with controlling shareholders and managers. In the end, it will be clear that Iran's trade law lacks the necessary provisions to protect small shareholders; However, in the Commonwealth Law and the International Business Index, there are clear and objective criteria for supporting them. These strategies are applied in the form of corporate governance theory and the responsibility of managers and controlling shareholders.

Keywords: Corporate Governance, Micro Shareholder, Controlling Shareholder, International Business Index.

Keywords

Political Sociology of Iran
Volume 5, Issue 4
August 2022
Pages 471-486

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