الملخص الإنجليزي
Shareholders in public joint-stock companies gain several rights considering they are
the owners of the capital and enjoy the highest authority. Given the legal nature of public
joint-stock company and their impact on the national economy and its shareholders the
legislator intervention to regulate the relationship between the shareholders and the
company to set the regulations that determine his rights and to indicate the limits of the
powers of the board of directors in managing the company in a manner that does not
affect those rights was crucial.
This study aims to clarify the nature of those rights and the impact of the regulations
governing them, as well as the effect of the rules and principles of corporate governance
in securing the legal protection for shareholders, which will be through the legal
concept of a shareholder in the joint-stock company and indicating his legal status in
the company and how it differs from other statuses, the role of corporate governance
rules and principles in protecting the shareholders rights and the impact of their
implementations, as well as regulations related to shareholders financial right, such as
the right to collect profits, the right to dispose of shares and the right to the company's
assets upon liquidation, Additionally this research will define the non-financial or
administrative rights that shareholders acquire by joining as a member of the General
Assembly in a company such as the right to participate in the general meetings and the
auditing rights over the company works. Finally, this research also aims to clarify the
legal regulations related to the protection of minority shareholders from arbitrary
decisions that may be taken by the majority of shareholders.
This study concluded with several findings and recommendations. The most important
of which is that due to the nature of the public joint-stock company, most of the
shareholders are not interested in exercising any of the rights assigned to them, for
example, the non-financial rights _ despite their importance_. This may give an
impression of their insignificance, therefore, leading to ease of infringement by other
parties in the company. For that reason, it is a requirement for countries to strengthen
legal regulations that establishes the rights of shareholders and address the imbalance
to ensure that all these shareholders enjoy all those rights without discrimination