1. Broadly, the purpose of the City Code is to protect the shareholder in the public domain. 2. This, together with laws that protect minority shareholders, makes takeovers both easier and harder. 3. Although the resulting diversified board might seem to water down shareholder influence, it would actually do a better job of protecting shareholders. 4. Besides the Tremonti law, the government strengthened insider trading laws and takeover statutes meant to protect minority shareholders. 5. Board presidents say they see the increased scrutiny as a way of protecting the shareholders from such nightmares. 6. But he said he protected his shareholders by researching the companies and the people behind them. 7. But those measures apparently cannot protect shareholders fully. 8. Executives at Bayerische Vereinsbank said the virtue of the complicated structure was that it would protect shareholders from seeing their shares diluted. 9. In a joint statement in December, the chief executives of the Big Five firms promised to do more to protect shareholders. 10. It also can hold convertible bonds or debentures, and stock index futures to hedge cash positions and protect its shareholders against sudden swings in the market. |
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