Regulating Principles of Disclosure of Information to Shareholders under G20/ОECD Principles

Abstract

The present research analyses Principles of Corporate Governance G20 OECD in the context of disclosure of information to the specified group of stakeholders – shareholders of a corporation. The analysis of court practice and both positive and negative examples of disclosure of information to shareholders is provided.

The core part of the research is dedicated to the problem of interaction between majority shareholder & minority shareholders or the corporation itself while getting the information with application of British legislation to the matter, systems of “hard” and “soft” law. The author resumes on the necessity of practical application and control of particular recommendations of the Principles of Corporate Governance G20/OECD, i.e. cumulative voting for the board of directors.