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Corporate & Securities Law

: BusinessAssociationsBlog.com

Minority Shareholder Voice

By Stephen Bainbridge

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Benjamin Means relies on “Albert Hirschman?s classic insight that exit and voice are interrelated mechanisms” to argue that: Because minority shareholder oppression is made possible by the normal features of the close corporation ? majority control, locked investment ? courts face the difficult task of adjusting the relationship of shareholders to remedy oppression without thereby...

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Full post as published by BusinessAssociationsBlog.com on January 05, 2009 (boomark / email).

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