Derivative claims, the UK companies act 2006 and corporate governance: A roadmap to nowhere?

Abstract

This chapter analyses recent reforms of the derivative claim in the UK as implemented by the Companies Act 2006. Recent reforms and modernisation of company law is part of a drive to facilitate enterprise and enhance the attractiveness of the UK as a location in which to do business. The reforms of derivative claims are, naturally, part of this wider drive. The chapter focuses on those areas that are particularly relevant to the question of whether the new legal framework relating to derivative claims is likely to promote these goals.

Citation

Reisberg, A. (2008), "Derivative claims, the UK companies act 2006 and corporate governance: A roadmap to nowhere?", Choi, J.J. and Dow, S. (Ed.) Institutional Approach to Global Corporate Governance: Business Systems and Beyond (International Finance Review, Vol. 9), Emerald Group Publishing Limited, Leeds, pp. 337-384. https://doi.org/10.1016/S1569-3767(08)09014-6