Non-financial shareholder's equity in joint stock companies (comparative study)
Journal of college of Law for Legal and Political Sciences,
2018, Volume 7, Issue Issue 27 part 2, Pages 196-230
AbstractThis study dealt with the topic of the non-financial shareholder's rights in the joint stock company in the Iraqi legislation and the comparative legislations, by presenting those rights which concern the interests of the shareholders and affect them and affected them, so it was natural for them to have the laws of companies the opportunity to have the final word in managing their affairs in general association, the shareholders of this association consider the conditions and fate of the company.The participation of the shareholder in the general Association meeting of the company should be achieved through the right to attend the meeting, whether it is an genuine attendance, as well as participating in the deliberations of the general association, presenting questions and questioning the members of the board of directors and through voting which is the main means to ensure the shareholder to participate actively in decisions relating with it .The main focus of this study was to demonstrate the importance of the non-financial rights of the shareholders and to determine what they are and how to exercise them in view of the weakness surrounding these rights and the lack of awareness of several shareholders of their importance.This study it was based on the Basic Law of Iraqi Companies, with comparison with other laws, in order to take support of its ideas related to the topic, in order to determine the extent of regulation and legal protection of these rights. The negligence of the shareholder's exercise of his non-financial rights will result in the loss of the protection prescribed by law.
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