For a very long time, the areas available for continuous long-distance trade were limited to territories of Braudel＇s Mediterrande （1949）. Whatever the commercial organizations （merchants in the Roman or the Fatim...For a very long time, the areas available for continuous long-distance trade were limited to territories of Braudel＇s Mediterrande （1949）. Whatever the commercial organizations （merchants in the Roman or the Fatimid Empires, the Hanseatic League, the Florentine Companies） were, their trade was not able to directly handle branches more than a month＇s sailing from their main base （in the best conditions）. During the three centuries after Vasco de Gama had reached India, European trading areas dramatically expanded to the shores of Asia, and a long period of harsh competition set the East India Companies of the main European powers of the time against one another. What were the elements that allowed these companies to maintain transactions over such vast areas？ And why were some of these companies far more successful than the others？ A large set of secondary sources focusing on one company or on a particular aspect of trade （Chauduri, 1978; Israel, 1989; Subrahmanyan, 1993; Ames, 1996） exist, however, none of them treat their successive successes and failures. The aim of this paper is to briefly review these sources, to extract information from them and to compare the economic adaptations and innovations that allowed these companies to be the greatest of their time.展开更多
“A limited company is more than a mere judicial entity, with a personality in law of its own： Behind it, or amongst it, there are individuals, with rights, expectations and obligations inter se”. The competitive at...“A limited company is more than a mere judicial entity, with a personality in law of its own： Behind it, or amongst it, there are individuals, with rights, expectations and obligations inter se”. The competitive attitude of the member states of the EU （European Union）, to become the most attractive for companies results in law reforms aiming at more flexible conflict between shareholders. Besides, the economic objective of avoiding a company＇s dissolution, the English, Dutch, and Belgian exit proceedings for the settlement of disputes between shareholders set up a social objective： protecting the interests of the minority shareholder of a private limited company. The paper consists of four chapters. The introduction lays out the necessity of buy-outs for shareholders of a private limited company. The first chapter describes the different facts justifying the buy-out of a shareholder on the basis of serious grounds. The second chapter presents the findings of a comparative research of the valuation of the shares transferred in an English, Dutch, and Belgian procedure. Finally, the conclusion summarises in which way the English, Dutch, and Belgian legal system protect the interests of the minority shareholder of a private limited company.展开更多
文摘For a very long time, the areas available for continuous long-distance trade were limited to territories of Braudel＇s Mediterrande （1949）. Whatever the commercial organizations （merchants in the Roman or the Fatimid Empires, the Hanseatic League, the Florentine Companies） were, their trade was not able to directly handle branches more than a month＇s sailing from their main base （in the best conditions）. During the three centuries after Vasco de Gama had reached India, European trading areas dramatically expanded to the shores of Asia, and a long period of harsh competition set the East India Companies of the main European powers of the time against one another. What were the elements that allowed these companies to maintain transactions over such vast areas？ And why were some of these companies far more successful than the others？ A large set of secondary sources focusing on one company or on a particular aspect of trade （Chauduri, 1978; Israel, 1989; Subrahmanyan, 1993; Ames, 1996） exist, however, none of them treat their successive successes and failures. The aim of this paper is to briefly review these sources, to extract information from them and to compare the economic adaptations and innovations that allowed these companies to be the greatest of their time.
文摘“A limited company is more than a mere judicial entity, with a personality in law of its own： Behind it, or amongst it, there are individuals, with rights, expectations and obligations inter se”. The competitive attitude of the member states of the EU （European Union）, to become the most attractive for companies results in law reforms aiming at more flexible conflict between shareholders. Besides, the economic objective of avoiding a company＇s dissolution, the English, Dutch, and Belgian exit proceedings for the settlement of disputes between shareholders set up a social objective： protecting the interests of the minority shareholder of a private limited company. The paper consists of four chapters. The introduction lays out the necessity of buy-outs for shareholders of a private limited company. The first chapter describes the different facts justifying the buy-out of a shareholder on the basis of serious grounds. The second chapter presents the findings of a comparative research of the valuation of the shares transferred in an English, Dutch, and Belgian procedure. Finally, the conclusion summarises in which way the English, Dutch, and Belgian legal system protect the interests of the minority shareholder of a private limited company.
