Dissertation: Directing of share - assessment of the permissibility of derogation to the ...

Uutisen oletuskuva
Lic.Sc. Jarkko Raitio’s dissertation examines the tension between company’s interest and shareholder´s principle of equality which may occur when a company arranges directed share issue, issues option rights and other special rights entitling to shares, or arranges directed acquisition. These different types are defined as a concept of directing of share. Field of the study is business law.
(kuva/picture: flickrcc)

Company’s shareholder has a certain right to his proportion.

– For example shareholder has a pre-emptive right in a share issue. This right is not absolute, but company may make a derogation of it. The derogation can be made if there is a weighty financial reason for the company to do so, explains Raitio.

The weighty financial reason may occur when company has a financial, partnership or incentive function for directing of share. Because directing of share may have strong influence on shareholder´s position in company that has to be taken in account when evaluating conditions of the directing.

– The research creates tools to evaluate the permissibility of directing of share, Raitio tells.

Public examination of a doctoral dissertation of Jarkko Raitio Osakkeen suuntaaminen. Taloudelliset syyt perusteena poiketa omistusosuuden pysyvyydestäis on Friday, 15 of May at 13 o´clock in Auditorium Kurtén. Professor Seppo Villa from University of Helsinki will act as an opponent and professor Vesa Annola as a custor.

Orders: osakkeensuuntaaminen@gmail.com

Did you like the article?