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I.Introduction As a general rule,corporate law focuses on the single,independent corporation.In this basic“ideal”model that the legislator originally had in mind and which for many decades was in the center of academic discussion-in theory-all shareholders have the same interests-they want a stable,growing company and high returns on their investments.Of course,this model is far distant from reality.This already is true in the independent corporation where in the real world we frequently find investors with very differing aims and hopes for the company.It can be taken for granted that indeed all shareholders will be interested in high yields on their investments,but their time horizon might differ tremendously.
I. Introduction As a general rule, corporate law focuses on the single, independent corporation.In this basic “ideal ” model that the legislator originally had in mind and which for many decades was in the center of academic discussion-in theory- all shareholders have the same interests-they want a stable, growing company and high returns on their investments .Of course, this model is far distant from reality.This already is true in the independent corporation where in the real world we frequently find investors with very differing aims and hopes for the company.It can be taken for granted that indeed all shareholders will be interested in high yields on their investments, but their time horizon might differ tremendously.